,i  #aagth ,,congress  #b;d ,session    
,h4 ,r4 #ijci  ,,in ,,the ,,house ,,of  
,,representatives  ,september #bi1      
#bjbb,mr4 ,budd introduced the following
 bill2 which was referred to the        
,committee on ,energy and ,commerce1 and
 in addition to the ,committee on       
,science1 ,space1 and ,technology1 for a
 period to be subsequently determined by
 the ,speaker1 in each case for         
consideration of such provisions as fall
 within the jurisdiction of the         
committee concerned  ,a ,,bill  ,to     
prohibit the material expansion of      
semiconductor manufacturing in the      
,people's ,republic of ,china with      
,federal financial assistance1 and for  
other purposes4  #a4 ,short title ,this 
,act may be cited as the ,no ,chips for 
,china ,act4  #b4 ,prohibition ,section 
#iijb7;a77#f77;,c7 of the ,william ,m4  
7,mac7 ,thornberry ,national ,defense   
,authorization ,act for ,fiscal ,year   
#bjba 7#ae ,u4,s4,c4 #dfeb7;a77#f77;,c77
 is amended to read as follows3  7,c7   

,required agreement  7i7 ,in general ,on
 or before the date on which the        
,secretary awards ,federal financial    
assistance to a covered entity under    
this section1 the covered entity shall  
enter into an agreement with the        
,secretary specifying that1 during the  
#aj-year period beginning on the date of
 the award1 the covered entity shall not
 engage in any significant transaction1 
as defined in the agreement1 involving  
either-- 7,i7 the material expansion of 
semiconductor manufacturing capacity in 
the ,people's ,republic of ,china or any
 other foreign country of concern2 or   
7,,ii7 the transfer1 export1 or sale of 
any semiconductor manufacturing capacity
 able to produce semiconductors with    
sub-#ad nanometer processes to entities 
located in or affiliated with the       
,people's ,republic of ,china4  7ii7    
,exceptions ,an agreement entered into  
pursuant to clause 7i7 shall not apply  
to any covered entity which has obtained
 an export license from the ,secretary  

of ,commerce4  4