Bill

BILL • US HOUSE

HR 2480

Securing Semiconductor Supply Chains Act of 2025

119th Congress

The Securing Semiconductor Supply Chains Act boosts foreign investment in U.S. semiconductor manufacturing, enhancing economic growth and national security through state-federal collaboration.

Received in the Senate.
0
0
Bill Summary • HR 2480

Summary of HR 2480: Securing Semiconductor Supply Chains Act of 2025

Overview

Bill Number: HR 2480

Title: Securing Semiconductor Supply Chains Act of 2025

Status: Received in the Senate

Introduced: March 31, 2025

Primary Sponsor: Representative Greg Landsman

Cosponsors: Brian K. Fitzpatrick, Cliff Bentz

Related Bills: HR 1768, HR 185, S 97 (companion bills)

Purpose and Intent

The Securing Semiconductor Supply Chains Act of 2025 aims to enhance foreign direct investment in the semiconductor manufacturing sector within the United States. The bill mandates that SelectUSA, a federal program that promotes U.S. business investment, collaborate with state-level economic development organizations to identify and address barriers to such investments.

Key Provisions

  • Coordination with State Organizations: The Executive Director of SelectUSA is required to solicit feedback from state-level economic development organizations to assess current efforts and challenges in attracting foreign direct investment in semiconductor production.

  • Recommendations Development: The Executive Director must develop actionable recommendations to increase foreign investment in the semiconductor sector and ensure that U.S. initiatives do not inadvertently benefit foreign adversaries.

  • Reporting Requirements: A report summarizing the findings and recommendations must be submitted to Congress, detailing how SelectUSA can enhance investment efforts.

  • No Additional Funding: The legislation does not authorize any new funds for its implementation.

Impact

  • Target Audience: The bill primarily affects state economic development organizations, semiconductor manufacturers, and foreign investors interested in the U.S. semiconductor market.

  • Economic Implications: By facilitating increased foreign direct investment, the bill aims to bolster U.S. semiconductor manufacturing capacity, which is critical for national security and economic competitiveness.

Legislative Process

  • Committee Action: The bill was favorably reported by the House Committee on Energy and Commerce on April 8, 2025, without amendments.

  • House Approval: HR 2480 passed the House on April 28, 2025, after a period of debate and a voice vote.

  • Senate Consideration: The bill was received in the Senate on April 29, 2025, where it awaits further action.

Conclusion

The Securing Semiconductor Supply Chains Act of 2025 represents a strategic effort by Congress to strengthen the U.S. semiconductor industry through enhanced foreign investment. By addressing barriers and fostering collaboration between federal and state entities, the legislation seeks to secure and expand the nation’s semiconductor supply chains, thereby supporting economic growth and national security.

Hi! I'm your AI assistant for HR 2480. I can help you understand its provisions, impacts, and answer any questions.

Key Provisions Impacts Timeline
Sign in to chat