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H. Rept. 119-64 1 (2025-04-24)

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US. GOVERNMENT
INFORMATION
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                    119TH CONGRESS                                         REPORT
                       1st Session    HOUSE   OF REPRESENTATIVES           119-64





                           SECURING SEMICONDUCTOR SUPPLY CHAINS
                                              ACT   OF  2025



                     APRIL 24, 2025.-Committed to the Committee of the Whole House on the State of
                                       the Union and ordered to be printed



                       Mr. GUTHRIE,  from  the Committee  on Energy  and Commerce,
                                          submitted  the following


                                             REPORT

                                           [To accompany H.R. 2480]

                      The  Committee  on Energy  and  Commerce,  to whom   was referred
                    the bill (H.R. 2480) 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 Sum m ary  ........................................................................................... .  1
                    Background and Need for  Legislation  ....................................................................  2
                    Com m ittee  A ction  ................................................................................................... .  2
                    C om m ittee  V otes  .....................................................................................................  2
                    Oversight Findings and  Recommendations    ...........................................................  2
                    New Budget Authority, Entitlement Authority, and Tax Expenditures .............   2
                    Congressional Budget Office  Estimate  ...................................................................  2
                    Federal M andates  Statem ent  .................................................................................  3
                    Statement of General Performance Goals and Objectives .................           3
                    Duplication of Federal Program s  ............................................................................  3
                    Related Committee and Subcommittee Hearings .................................................  3
                    Com m ittee  Cost  Estim ate  .......................................................................................  3
                    Earmark, Limited Tax Benefits, and Limited Tariff Benefits ..............         3
                    Advisory Com m ittee  Statem ent  ..............................................................................  3
                    Applicability  to  Legislative  Branch  ........................................................................  4
                    Section-by-Section  Analysis of the  Legislation  ......................................................  4
                    Changes in Existing Law Made by the Bill, as Reported .................           5

                                          PURPOSE  AND  SUMMARY

                      H.R.  2480, the  Securing  Semiconductor   Supply  Chains  Act of
                    2025, was  introduced  by Representative  Landsman   on  March  31,
                    2025,  and referred to the  Committee   on Energy  and  Commerce.
                    H.R.  2480 requires the  Executive Director of SelectUSA  to solicit
                       59-006

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