This bill requires the SelectUSA program to work with state economic development organizations to boost foreign investment in semiconductor manufacturing and production in the U.S.
Securing Semiconductor Supply Chains Act This bill requires the Select USA program to solicit comments from state economic development organizations regarding federal efforts to increase foreign direct investment in semiconductor-related manufacturing and production. Select USA must then report to Congress on such comments and the strategies that Select USA may employ to increase such investment and to secure the U.S. semiconductor supply chain. Select USA is a Department of Commerce program established to coordinate federal efforts to attract and retain business investment in the United States.