Tag Archives: chips for america act

Bipartisan Bill Would Create Semiconductor Manufacturing Investment Tax Credit; Sen. Ron Wyden Quoted

Microelectronic Tech

A bipartisan group of six senators proposed creating a 25 percent tax incentive for companies that will invest in equipment and facilities needed to manufacture semiconductors. The tax credit proposal is part of the Facilitating American-Built Semiconductors Act sponsored by Mike Crapo, R-Idaho; Ron Wyden, D-Ore.; John Cornyn, R-Texas; Mark Warner, D-Va.; Steve Daines, R-Mont.; and Debbie Stabenow, D-Mich.

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Lawmakers Call on White House to Fund Chip Manufacturing, Research

Semiconductor Research

A bipartisan group of Senate and House lawmakers wrote a letter to President Biden urging him to prioritize funding for semiconductor research and development and manufacturing at federal agencies as his administration works on a budget proposal for fiscal year 2022. The lawmakers called on the Biden administration to fund the programs authorized in the CHIPS for America Act

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