,,ii #aaith ,,congress #ast ,session ,s4 #ig ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,january #ae1 #bjbe,mr4 ,peters 7for himself1 ,mrs4 ,blackburn1 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 ,act4 #b4 ,select,u,s,a defined ,in this ,act1 the term ,select,u,s,a means the ,select,u,s,a program of the ,department of ,commerce established by ,executive ,order #acegg 7#gf ,fed4 ,reg4 #cegae74 #c4 ,findings ,congress makes the following findings3 7#a7 ,semiconductors underpin the ,united ,states and global economies1 including manufacturing sectors4 ,semiconductors are also essential to the national security 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 segments of the semiconductor industry1 securing the supply chain requires onshoring1 reshoring1 or diversifying vulnerable segments1 such as for-- 7,a7 fabrication2 7,b7 advanced packaging2 and 7,c7 materials and equipment used to manufacture semiconductor products4 7#e7 ,the ,federal ,government can leverage foreign direct investment and private dollars to grow the domestic manufacturing and production 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 and to help secure the semiconductor supply chain of the ,united ,states4 #d4 ,coordination with ,state-level economic development organizations ,not later than #ahj 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 review-- 7,a7 what efforts the ,federal ,government can take to support increased foreign direct investment in any segment of semiconductor-related production2 7,b7 what barriers to such investment may exist and how to amplify ,state efforts to attract such investment2 7,c7 public 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-- 7,a7 how ,select,u,s,a can increase such investment independently or through partnership with those organizations2 and 7,b7 working with countries that are allies or partners of the ,united ,states to ensure that foreign adversaries 7as defined in section #h7;c77#b7 of the ,secure and ,trusted ,communications ,networks ,act of #bjai 7#dg ,u4,s4,c4 #afjg7;c77#b777 do not benefit from ,united ,states efforts to increase such investment4 #e4 ,report on increasing foreign direct investment in semiconductor-related manufacturing and production ,not later than #b years 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 #f4 ,no additional funds ,no additional funds are authorized to be appropriated for the purpose of carrying out this ,act4 ,the ,executive ,director of ,select,u,s,a shall carry out this ,act using amounts otherwise available to the ,executive ,director for such purposes4