[Congressional Record Volume 172, Number 106 (Wednesday, June 24, 2026)]
[Senate]
[Pages S3544-S3545]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 6419. Mr. PETERS (for himself and Mrs. Blackburn) submitted an
amendment intended to be proposed by him to the bill S. 4784, to
authorize appropriations for fiscal year 2027 for military activities
of the Department of Defense, for military construction, and for
defense activities of the Department of Energy, to prescribe military
personnel strengths for such fiscal year, and for other purposes; which
was ordered to lie on the table; as follows:
At the appropriate place, insert the following:
Subtitle __--Securing Semiconductor Supply Chains Act
SEC. __01. SHORT TITLE.
This subtitle may be cited as the ``Securing Semiconductor
Supply Chains Act''.
SEC. __02. SELECTUSA DEFINED.
In this subtitle, the term ``SelectUSA'' means the
SelectUSA program of the Department of Commerce established
by Executive Order 13577 (76 Fed. Reg. 35715).
SEC. __03. 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. __04. 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. __05. 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
[[Page S3545]]
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 __04;
(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. __06. NO ADDITIONAL FUNDS.
No additional funds are authorized to be appropriated for
the purpose of carrying out this subtitle. The Executive
Director of SelectUSA shall carry out this subtitle using
amounts otherwise available to the Executive Director for
such purposes.
______