Congressional Record, Volume 168 Issue 103 (Thursday, June 16, 2022)

[Congressional Record Volume 168, Number 103 (Thursday, June 16, 2022)]
[Senate]
[Pages S3009-S3010]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

SECURING SEMICONDUCTOR SUPPLY CHAINS ACT OF 2021

Mr. CARPER. Mr. President, I ask unanimous consent that the Senate
proceed to the immediate consideration of Calendar No. 222, S. 3309.
The PRESIDING OFFICER. The clerk will report the bill by title.
The bill clerk read as follows:

A bill (S. 3309) to require SelectUSA to coordinate with
State-level economic development organizations to increase
foreign direct investment in semiconductor-related
manufacturing and production.

There being no objection, the Senate proceeded to consider the bill,
which had been reported from the Committee on Commerce, Science, and
Transportation, with an amendment to strike all after the enacting
clause and insert in lieu thereof the following:

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Securing Semiconductor
Supply Chains Act of 2021''.

SEC. 2. SELECTUSA DEFINED.

In this Act, the term ``SelectUSA'' means the SelectUSA
program of the Department of Commerce established by
Executive Order 13577 (76 Fed. Reg. 35,715).

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);
(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 13577 (76 Fed. Reg.
35,715; 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.

Mr. CARPER. Mr. President, I ask unanimous consent that the
committee-reported substitute be withdrawn; that the Peters substitute
that is at the desk be considered and agreed to; that the bill, as
amended, be considered read a third time and passed; and that the
motion to reconsider be considered made and laid upon the table.
The PRESIDING OFFICER. Without objection, it is so ordered.
The committee-reported amendment in the nature of a substitute was
withdrawn.
The amendment (No. 5098) in the nature of a substitute was agreed to
as follows:

(Purpose: In the nature of a substitute)

Strike all after the enacting clause and insert the
following:

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Securing Semiconductor
Supply Chains Act of 2022''.

SEC. 2. SELECTUSA DEFINED.

In this Act, the term ``SelectUSA'' means the SelectUSA
program of the Department of Commerce established by
Executive Order 13577 (76 Fed. Reg. 35,715).

SEC. 3. FINDINGS.

SEC. 4. COORDINATION WITH STATE-LEVEL ECONOMIC DEVELOPMENT
ORGANIZATIONS.

[[Page S3010]]

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.

SEC. 6. NO ADDITIONAL FUNDS.

No additional funds are authorized to be appropriated for
the purpose of carrying out this Act. The Executive Director
of SelectUSA shall carry out this Act using amounts otherwise
available to the Executive Director for such purposes.

The bill (S. 3309), as amended, was ordered to be engrossed for a
third reading, was read the third time, and passed.

____________________