[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2480 Introduced in House (IH)]
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119th CONGRESS
1st Session
H. R. 2480
To require SelectUSA to coordinate with State-level economic
development organizations to increase foreign direct investment in
semiconductor-related manufacturing and production.
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IN THE HOUSE OF REPRESENTATIVES
March 31, 2025
Mr. Landsman (for himself and Mr. Bentz) introduced the following bill;
which was referred to the Committee on Energy and Commerce
_______________________________________________________________________
A BILL
To require SelectUSA to coordinate with State-level economic
development organizations to increase foreign direct investment in
semiconductor-related manufacturing and production.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Securing Semiconductor Supply Chains
Act of 2025''.
SEC. 2. SELECTUSA DEFINED.
In this Act, the term ``SelectUSA'' means the SelectUSA program of
the Department of Commerce established by Executive Order No. 13577 (76
Fed. Reg. 35715).
SEC. 3. FINDINGS.
Congress makes the following findings:
(1) Semiconductors underpin the United States and global
economies, including manufacturing sectors. Semiconductors are
also essential to the national security of the United States.
(2) A shortage of semiconductors, brought about by the
COVID-19 pandemic and other complex factors impacting the
overall supply chain, has threatened the economic recovery of
the United States and industries that employ millions of United
States citizens.
(3) Addressing current challenges and building resilience
against future risks requires ensuring a secure and stable
supply chain for semiconductors that will support the economic
and national security needs of the United States and its
allies.
(4) The supply chain for semiconductors is complex and
global. While the United States plays a leading role in certain
segments of the semiconductor industry, securing the supply
chain requires onshoring, reshoring, or diversifying vulnerable
segments, such as for--
(A) fabrication;
(B) advanced packaging; and
(C) materials and equipment used to manufacture
semiconductor products.
(5) The Federal Government can leverage foreign direct
investment and private dollars to grow the domestic
manufacturing and production capacity of the United States for
vulnerable segments of the semiconductor supply chain.
(6) The SelectUSA program of the Department of Commerce, in
coordination with other Federal agencies and State-level
economic development organizations, is positioned to boost
foreign direct investment in domestic manufacturing and to help
secure the semiconductor supply chain of the United States.
SEC. 4. COORDINATION WITH STATE-LEVEL ECONOMIC DEVELOPMENT
ORGANIZATIONS.
Not later than 180 days after the date of the enactment of this
Act, the Executive Director of SelectUSA shall solicit comments from
State-level economic development organizations--
(1) to review--
(A) what efforts the Federal Government can take to
support increased foreign direct investment in any
segment of semiconductor-related production;
(B) what barriers to such investment may exist and
how to amplify State efforts to attract such
investment;
(C) public opportunities those organizations have
identified to attract foreign direct investment to help
increase investment described in subparagraph (A); and
(D) resource gaps or other challenges that prevent
those organizations from increasing such investment;
and
(2) to develop recommendations for--
(A) how SelectUSA can increase such investment
independently or through partnership with those
organizations; and
(B) working with countries that are allies or
partners of the United States to ensure that foreign
adversaries (as defined in section 8(c)(2) of the
Secure and Trusted Communications Networks Act of 2019
(47 U.S.C. 1607(c)(2))) do not benefit from United
States efforts to increase such investment.
SEC. 5. REPORT ON INCREASING FOREIGN DIRECT INVESTMENT IN
SEMICONDUCTOR-RELATED MANUFACTURING AND PRODUCTION.
Not later than 2 years after the date of the enactment of this Act,
the Executive Director of SelectUSA, in coordination with the Federal
Interagency Investment Working Group established by Executive Order No.
13577 (76 Fed. Reg. 35715; relating to establishment of the SelectUSA
Initiative), shall submit to the Committee on Commerce, Science, and
Transportation of the Senate and the Committee on Energy and Commerce
of the House of Representatives a report that includes--
(1) a review of the comments SelectUSA received from State-
level economic development organizations under section 4;
(2) a description of activities SelectUSA is engaged in to
increase foreign direct investment in semiconductor-related
manufacturing and production; and
(3) an assessment of strategies SelectUSA may implement to
achieve an increase in such investment and to help secure the
United States supply chain for semiconductors, including by--
(A) working with other relevant Federal agencies;
and
(B) working with State-level economic development
organizations and implementing any strategies or
recommendations SelectUSA received from those
organizations.
SEC. 6. NO ADDITIONAL FUNDS.
No additional funds are authorized to be appropriated for the
purpose of carrying out this Act.
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