[Senate Report 119-18]
[From the U.S. Government Publishing Office]


                                                        Calendar No. 67
                                                        
119th Congress }                                               { Report
                                 SENATE                          
  1st Session  }                                               { 119-18
_______________________________________________________________________

                                     

                                                        

                     SECURING SEMICONDUCTOR SUPPLY
                               CHAINS ACT


                               __________


                              R E P O R T

                                 of the

                   COMMITTEE ON COMMERCE, SCIENCE, AND
                             TRANSPORTATION

                                   on

                                 S. 97






               [GRAPHIC(S) NOT AVAILABLE IN TIFF FORMAT]






                  May 6, 2025.--Ordered to be printed
                                    
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                  U.S. GOVERNMENT PUBLISHING OFFICE

59-010                    WASHINGTON : 2025                   
                  
                  
                  
                  
                  
                  
                  
                  
                  
                  
                  
                  
                  
                  
                  
                  
                  
                  
                  
                  
                      
                  
                  
                  
                  
                  
                  
                  
                  
                  
                  
       SENATE COMMITTEE ON COMMERCE, SCIENCE, AND TRANSPORTATION
       
                    one hundred nineteenth congress
                             
                             first session

                       TED CRUZ, Texas, Chairman
JOHN THUNE, South Dakota             MARIA CANTWELL, Washington
ROGER F. WICKER, Mississippi         AMY KLOBUCHAR, Minnesota
DEB FISCHER, Nebraska                BRIAN SCHATZ, Hawaii
JERRY MORAN, Kansas                  EDWARD J. MARKEY, Massachusetts
DAN SULLIVAN, Alaska                 GARY C. PETERS, Michigan
MARSHA BLACKBURN, Tennessee          TAMMY BALDWIN, Wisconsin
TODD YOUNG, Indiana                  TAMMY DUCKWORTH, Illinois
TED BUDD, North Carolina             JACKY ROSEN, Nevada
ERIC SCHMITT, Missouri               BEN RAY LUJAN, New Mexico
JOHN CURTIS, Utah                    JOHN W. HICKENLOOPER, Colorado
BERNIE MORENO, Ohio                  JOHN FETTERMAN, Pennsylvania
TIM SHEEHY, Montana                  ANDY KIM, New Jersey
SHELLEY MOORE CAPITO, West Virginia  LISA BLUNT ROCHESTER, Delaware
CYNTHIA M. LUMMIS, Wyoming
                  Brad Grantz, Majority Staff Director
              Lila Harper Helms, Democratic Staff Director
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
              
  
                                                        Calendar No. 67
                                                        
119th Congress }                                               { Report
                                 SENATE                          
  1st Session  }                                               { 119-18              

=======================================================================



 
                SECURING SEMICONDUCTOR SUPPLY CHAINS ACT

                                _______
                                

                  May 6, 2025.--Ordered to be printed

                                _______
                                

         Mr. Cruz, from the Committee on Commerce, Science, and
                Transportation, submitted the following


                              R E P O R T

                          [To accompany S. 97]

      [Including cost estimate of the Congressional Budget Office]

    The Committee on Commerce, Science, and Transportation, to 
which was referred the bill (S. 97) to require SelectUSA to 
coordinate with State-level economic development organizations 
to increase foreign direct investment in semiconductor-related 
manufacturing and production, having considered the same, 
reports favorably thereon without amendment and recommends that 
the bill does pass.

                          PURPOSE OF THE BILL

    This bill would direct the SelectUSA program to coordinate 
with State-level economic development organizations to develop 
recommendations that increase foreign direct investment in 
semiconductor-related manufacturing, production, and supply 
chains in the United States.

                          BACKGROUND AND NEEDS

    Semiconductors--also referred to as integrated circuits or 
chips--are essential components of numerous goods and services, 
such as artificial intelligence, cars, smartphones, computers, 
aviation, wireless communication, defense systems, and more. A 
worldwide shortage of semiconductors was driven by the COVID-19 
pandemic, which exposed vulnerabilities in U.S. supply chains 
to acquire and produce these critical chips that support our 
economy and national security.
    In 2011, the SelectUSA program was established at the 
Department of Commerce. SelectUSA is designed to increase job-
creating business investments in the United States. It 
encourages foreign businesses, including American businesses 
located abroad, to invest in the domestic economy. SelectUSA 
also provides market research and counseling services, and 
coordinates with State-level economic development 
organizations.

                         SUMMARY OF PROVISIONS

    S. 97 would do the following:
   Direct SelectUSA to coordinate with State-level 
        economic development organizations regarding Federal 
        efforts to increase foreign direct investment in 
        semiconductor-related manufacturing and production.
   Report to Congress on strategies to increase foreign 
        direct investment in domestic semiconductor-related 
        manufacturing and production.

                          LEGISLATIVE HISTORY

    S. 97 was introduced on January 15, 2025, by Senator Peters 
(for himself and Senators Blackburn and Scott (FL)), and was 
referred to the Committee on Commerce, Science, and 
Transportation of the Senate. On March 12, 2025, the Committee 
met in open Executive Session and, by voice vote, ordered S. 97 
reported favorably without amendment.
    H.R. 2480, a related House bill, was introduced on March 
31, 2025, by Representative Landsman (for himself and 
Representative Bentz) and was referred to the Committee on 
Energy and Commerce in the House of Representatives. On April 
8, 2025, the House Committee on Energy and Commerce ordered 
H.R. 2480 to be reported, and that bill passed the House, by 
voice vote, under suspension of the rules on April 28, 2025.

118th Congress

    S. 229, the Securing Semiconductor Supply Chains Act of 
2023, was introduced on February 2, 2023, by Senator Peters 
(for himself and Senators Scott (FL) and Blackburn) and was 
referred to the Committee on Commerce, Science, and 
Transportation of the Senate. Senator Tester was later added as 
a cosponsor. On May 10, 2023, the Committee met in Executive 
Session and, by voice vote, ordered S. 229 be reported 
favorably without amendment. On December 13, 2023, S. 229 
passed the Senate without amendment by unanimous consent.
    H.R. 752, the House companion to S. 229, was introduced on 
February 2, 2023, by Representative Eshoo (for herself and 
Representative Pence) and was referred to the Committee on 
Energy and Commerce of the House of Representatives. On March 
9, 2023, the House Committee on Energy and Commerce ordered 
that H.R. 752 be reported, and that bill passed the House, by 
voice vote, under suspension of the rules on July 25, 2023.

                            ESTIMATED COSTS

    In accordance with paragraph 11(a) of rule XXVI of the 
Standing Rules of the Senate and section 403 of the 
Congressional Budget Act of 1974, the Committee provides the 
following cost estimate, prepared by the Congressional Budget 
Office:

[GRAPHIC(S) NOT AVAILABLE IN TIFF FORMAT]


    S. 97 would direct the Department of Commerce, through its 
SelectUSA program, to solicit comments from state economic 
development organizations about how to support foreign direct 
investment in semiconductor production. The bill also would 
require the department to report to the Congress on strategies 
that SelectUSA could implement to increase such investment.
    Using information from the department, CBO expects 
SelectUSA would need two employees and six contractors for 
about two years at an average cost of $210,000 each to carry 
out the comment solicitation process and complete the required 
report. On that basis, CBO estimates that implementing S. 97 
would cost $4 million over the 2025-2030 period; any related 
spending would be subject to the availability of appropriated 
funds.
    The CBO staff contact for this estimate is Margot Berman. 
The estimate was reviewed by H. Samuel Papenfuss, Deputy 
Director of Budget Analysis.

                                         Phillip L. Swagel,
                             Director, Congressional Budget Office.

                      Regulatory Impact Statement

    In accordance with paragraph 11(b) of rule XXVI of the 
Standing Rules of the Senate, the Committee provides the 
following evaluation of the regulatory impact of the 
legislation, as reported:

                       number of persons covered

    S. 97, as reported, would not create any new programs or 
impose any new regulatory requirements and, therefore, would 
not subject any individuals or businesses to new regulations.

                            economic impact

    S. 97, as reported, is not expected to have a negative 
impact on the Nation's economy.

                                privacy

    S. 97, as reported, would have no impact on the personal 
privacy of individuals.

                               paperwork

    The Committee does not anticipate a major increase in 
paperwork burdens resulting from the passage of this 
legislation. S. 97, as reported, would require one report from 
the Federal Government. The report would be required no later 
than 2 years after the date of enactment from the Executive 
Director of SelectUSA, in coordination with the Federal 
Interagency Investment Working Group, to the appropriate 
committees of Congress. The legislation would not increase 
paperwork requirements for private individuals or businesses.

                   CONGRESSIONALLY DIRECTED SPENDING

    In compliance with paragraph 4(b) of rule XLIV of the 
Standing Rules of the Senate, the Committee provides that no 
provisions contained in the bill, as reported, meet the 
definition of congressionally directed spending items under the 
rule.

                      SECTION-BY-SECTION ANALYSIS

Section 1. Short title.

    This section would provide that the bill may be cited as 
the ``Securing Semiconductor Supply Chains Act''.

Section 2. SelectUSA defined.

    This section would define the term ``SelectUSA'' to mean 
the SelectUSA program of the Department of Commerce established 
by Executive Order 13577.\1\
---------------------------------------------------------------------------
    \1\Executive Order 13577 of June 15, 2011, ``Establishment of the 
SelectUSA Initiative,'' Federal Register, vol. 76 (June 20, 2011), no. 
118, p. 35715 (https://www.govinfo.gov/content/pkg/FR-2011-06-20/pdf/
2011-15443.pdf).
---------------------------------------------------------------------------

Section 3. Findings.

    This section would list congressional findings related to 
the importance of semiconductor supply chains; note the 
importance of semiconductors to the U.S. economy and the 
economic recovery; identify sectors that can benefit from 
further investment, such as advanced manufacturing, packaging, 
and materials and equipment; and highlight opportunities for 
foreign direct investment to support the growth of domestic 
manufacturing.

Section 4. Coordination with State-level economic development 
        organizations.

    This section would require SelectUSA, no later than 180 
days after enactment of the Act, to solicit comments from 
State-level economic development organizations for a review of 
the Federal Government's efforts to increase foreign direct 
investment in domestic semiconductor-related production. This 
solicitation would help SelectUSA develop recommendations for 
boosting foreign direct investment in domestic semiconductor-
related production and attracting investment from independent 
sources or partnerships. It would also help SelectUSA develop 
recommendations for working with U.S. allies or partners--
including leaders in semiconductor manufacturing, such as the 
Netherlands or South Korea--to increase foreign direct 
investment in the United States without advantaging our foreign 
adversaries.
    Foreign adversaries would have the same meaning as in 
section 8(c)(2) of the Secure and Trusted Communications 
Networks Act of 2019.\2\
---------------------------------------------------------------------------
    \2\47 U.S.C. 1607 (c)(2); Public Law 116-124.
---------------------------------------------------------------------------

Section 5. Report on increasing foreign direct investment in 
        semiconductor-related manufacturing and production.

    This section would direct SelectUSA, no later than 2 years 
after the date of enactment, to coordinate with the Federal 
Interagency Investment Working Group (established by Executive 
Order 13577)\3\ to submit a report on semiconductor supply 
chains to the Committee on Commerce, Science, and 
Transportation of the Senate and the Committee on Energy and 
Commerce of the House of Representatives.
---------------------------------------------------------------------------
    \3\Supra note at 1.
---------------------------------------------------------------------------
    This report would include a review of the comments received 
by SelectUSA and a description of activities to increase 
foreign direct investment in semiconducting-related 
manufacturing and production. It would also assess strategies 
that SelectUSA may implement to increase accompanying 
investments in U.S. semiconductor supply chains.

Section 6. No additional funds.

    This section would specify that no additional funds are 
authorized to be appropriated for the purpose of carrying out 
this Act, and that SelectUSA can only carry out this Act using 
amounts otherwise available.

                        CHANGES IN EXISTING LAW

    In compliance with paragraph 12 of rule XXVI of the 
Standing Rules of the Senate, the Committee states that the 
bill as reported would make no change to existing law.

                                  [all]