,,ii  #aagth ,,congress  #ast ,session  
,s4 #ccji  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,december #b1  
#bjba,mr4 ,peters 7for himself and ,mr4 
,scott of ,florida7 introduced the      
following bill2 which was read twice and
 referred to the ,committee on          
,commerce1 ,science1 and ,transportation
  ,a ,,bill  ,to require ,select,u,s,a  
to coordinate with ,state-level economic
 development organizations to increase  
foreign direct investment in            
semiconductor-related manufacturing and 
production4  #a4 ,short title ,this ,act
 may be cited as the ,securing          
,semiconductor ,supply ,chains ,act of  
#bjba4  #b4 ,select,u,s,a defined ,in   
this ,act1 the term ,select,u,s,a means 
the ,select,u,s,a ,initiative of the    
,department of ,commerce established by 
,executive ,order #acegg 7#gf ,fed4     
,reg4 #ce1gae74  #c4 ,findings ,congress
 makes the following findings3 7#a7     
,semiconductors underpin the ,united    
,states and global economies1 especially

 with respect to manufacturing4         
,semiconductors are also essential to   
national security and military          
applications of the ,united ,states4    
7#b7 ,a shortage of semiconductors1     
brought about by the ,,covid-#ai        
pandemic and other complex factors      
impacting the overall supply chain1 has 
threatened the economic recovery of the 
,united ,states and industries that     
employ millions of ,united ,states      
citizens4  7#c7 ,addressing current     
challenges and building resilience      
against future risks requires ensuring a
 secure and stable supply chain for     
semiconductors that will support the    
economic and national security needs of 
the ,united ,states and its allies4     
7#d7 ,the supply chain for              
semiconductors is complex and global4   
,while the ,united ,states plays a      
leading role in certain segments1       
securing the supply chain requires      
onshoring1 reshoring1 and diversifying  
vulnerable segments1 such as for-- 7,a7 

fabrication2  7,b7 advanced packaging2  
and  7,c7 material inputs4  7#e7 ,the   
,federal ,government can leverage       
foreign direct investment and private   
dollars to grow the domestic            
manufacturing capacity of the ,united   
,states for vulnerable segments of the  
semiconductor supply chain4  7#f7 ,the  
,select,u,s,a program of the ,department
 of ,commerce1 in coordination with     
other ,federal agencies and ,state-level
 economic development organizations1 is 
positioned to boost foreign direct      
investment in domestic manufacturing    
that will help secure the semiconductor 
supply chain of the ,united ,states4    
#d4 ,coordination with ,state-level     
economic development organizations ,not 
later than #ij days after the date of   
the enactment of this ,act1 the         
,executive ,director of ,select,u,s,a   
shall solicit comments from ,state-level
 economic development organizations--   
7#a7 to assess-- 7,a7 what efforts those
 organizations are engaged in to        

increase foreign direct investment in   
any segment of semiconductor-related    
manufacturing and production2  7,b7 what
 tools and resources those organizations
 have to increase such investment2  7,c7
 opportunities those organizations have 
identified to attract foreign direct    
investment to help increase investment  
described in subparagraph 7,a72 and     
7,d7 resource gaps or other challenges  
that prevent those organizations from   
increasing such investment2 and  7#b7 to
 develop recommendations for how        
,select,u,s,a can increase such         
investment independently or through     
partnership with those organizations4   
#e4 ,report on increasing foreign direct
 investment in semiconductor-related    
manufacturing and production ,not later 
than one year after the date of the     
enactment of this ,act1 the ,executive  
,director of ,select,u,s,a1 in          
coordination with the ,federal          
,interagency ,investment ,working ,group
 established by ,executive ,order #acegg

 7#gf ,fed4 ,reg4 #ce1gae2 relating to  
establishment of the ,select,u,s,a      
,initiative71 shall submit to the       
,committee on ,commerce1 ,science1 and  
,transportation of the ,senate and the  
,committee on ,energy and ,commerce of  
the ,house of ,representatives a report 
that includes-- 7#a7 a review of the    
comments ,select,u,s,a received from    
,state-level economic development       
organizations under section #d2  7#b7 a 
description of activities ,select,u,s,a 
is engaged in to increase foreign direct
 investment in semiconductor-related    
manufacturing and production2 and  7#c7 
an assessment of strategies             
,select,u,s,a may implement to achieve  
an increase in such investment and to   
help secure the ,united ,states supply  
chain for semiconductors1 including by--
 7,a7 working with other relevant       
,federal agencies2 and  7,b7 working    
with ,state-level economic development  
organizations and implementing any      
strategies or recommendations           

,select,u,s,a received from those       
organizations4