Bill > HR752

This bill, the Securing Semiconductor Supply Chains Act of 2023, requires the SelectUSA program of the Department of Commerce to coordinate with state-level economic development organizations to increase foreign direct investment in semiconductor-related manufacturing and production. It aims to address challenges and build resilience in the semiconductor supply chain, which is essential for the economic and national security of the United States and its allies. The bill directs SelectUSA to solicit comments from state organizations, develop recommendations for increasing investment, and work with U.S. allies to ensure foreign adversaries do not benefit from these efforts. The bill also requires SelectUSA to submit a report to Congress on its activities and strategies to achieve an increase in such investment and help secure the U.S. semiconductor supply chain.