S. 3331 — Introduced in Senate

II 117th CONGRESS 1st Session S. 3331 IN THE SENATE OF THE UNITED STATES December 7, 2021Mr. Peters (for himself, Mr. Portman, Mrs. Blackburn, and Mr. Kelly) introduced the following bill; which was read twice and referred to the Committee on Commerce, Science, and Transportation A BILL To amend the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021 to improve the semiconductor incentive program of the Department of Commerce. 1. Short title This Act may be cited as the Investing in Domestic Semiconductor Manufacturing Act. 2. Clarification for upstream manufacturers (a) Definitions Section 9901(2) of the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021 (15 U.S.C. 4651(2)) is amended— (1) by inserting production, before or research and development; and (2) by striking of semiconductors. and inserting of semiconductors, materials used to manufacture semiconductors, or semiconductor manufacturing equipment.. (b) Semiconductor incentives Section 9902(a) of the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021 (15 U.S.C. 4652(a)) is amended— (1) in paragraph (1)— (A) by striking for semiconductor fabrication and inserting for the fabrication; (B) by inserting production, before or research and development; and (C) by striking the period at the end and inserting of semiconductors, materials used to manufacture semiconductors, or semiconductor manufacturing equipment.; and (2) in paragraph (4)(A), by striking used for semiconductors and inserting used for the purposes.