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H. Rept. 118-136 1 (2023-07-11)

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U.GOVERNMENT
INFORMATION .















                    118TH CONGRESS                                         REPORT
                       1st Session    HOUSE   OF REPRESENTATIVES           118-136







                         SECURING SEMICONDUCTOR SUPPLY CHAINS ACT
                                                 OF  2023




                     JULY 11, 2023.-Committed to the Committee of the Whole House on the State of
                                       the Union and ordered to be printed




                     Mrs. RODGERS   of Washington, from  the Committee  on Energy  and
                                    Commerce,  submitted  the  following



                                             R  E  P  O  R   T


                                             [To accompany H.R. 752]

                      The  Committee  on Energy  and  Commerce,  to whom   was referred
                    the bill (H.R. 752) to require SelectUSA  to coordinate with State-
                    level economic development  organizations to increase foreign direct
                    investment  in  semiconductor-related  manufacturing   and  produc-
                    tion, having considered  the same, reports favorably  thereon with-
                    out amendment   and  recommends   that the bill do pass.

                                                 CONTENTS
                                                                                    Page
                    Purpose and Summary ............................................................................................ 1
                    Background and Need for  Legislation  ...................................................................  2
                    Committee Action .................................................................................................... 2
                    Committee Votes ...................................................................................................... 2
                    Oversight Findings and Recommendations ...........................................................  4
                    New Budget Authority, Entitlement Authority, and Tax Expenditures .............     4
                    Congressional Budget Office  Estimate   ...................................................................  4
                    Federal M andates  Statem ent  .................................................................................  4
                    Statement of General Performance Goals and Objectives ...................................  4
                    Duplication of Federal Program s  ............................................................................  4
                    Related Committee and Subcommittee Hearings ................................................  4
                    Committee Cost Estimate ....................................................................................... 5
                    Earmark, Limited Tax Benefits, and Limited Tariff Benefits ............................  5
                    Advisory Com m ittee  Statem ent  .............................................................................  5
                    Applicability  to  Legislative  Branch  .......................................................................  5
                    Section-by-Section  Analysis of the  Legislation  .....................................................  5
                    Changes in Existing Law Made by the Bill, as Reported .....................................  6

                                          PURPOSE  AND  SUMMARY

                      H.R.  752, the  Securing  Semiconductor  Supply   Chains  Act of
                    2023, was introduced  by Representative Eshoo  and Representative
                    Pence  on February  2, 2023, and referred to the Committee  on  En-
                       39-006

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