Bill > S3150

This bill establishes new regulations for exporting advanced integrated circuits (high-performance computer chips) to countries considered of concern, primarily focusing on protecting U.S. technological interests. The legislation requires companies seeking to export these advanced chips to countries like China, Macau, and Hong Kong to first certify that U.S. customers have been given priority in purchasing. Specifically, companies must provide a public notice giving U.S. persons at least 15 business days to inquire about and potentially purchase the circuits, and must demonstrate they have no existing backlog of U.S. customer requests and do not anticipate future production constraints for U.S. customers. The bill defines "advanced integrated circuits" using technical parameters related to processing performance and bandwidth, and establishes a licensing requirement for such exports. Companies must also ensure they are not providing more advantageous pricing or terms to foreign entities compared to U.S. customers. Additionally, the bill creates a mechanism for "trusted United States persons" to receive certain export exemptions, subject to strict ownership, security, and operational requirements, with the goal of maintaining U.S. technological leadership and preventing critical technologies from being transferred to potential strategic competitors.

Housing and Urban Affairs

https://www.congress.gov/bill/119th-congress/senate-bill/3150/all-info