Chip EQUIP Act
Take action
Record your position on this measure.
Create an account to record your position, submit testimony, or contact your legislator.
Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Overview
The Chip EQUIP Act aims to prevent the United States from purchasing semiconductor manufacturing equipment from foreign entities of concern or their subsidiaries. It defines ‘ineligible semiconductor manufacturing equipment’ as fully assembled equipment manufactured by these entities and restricts the use of federal funds for such equipment. The bill includes provisions for waivers under specific circumstances, such as insufficient domestic supply or national security considerations, while maintaining restrictions on certain equipment types.
Key provisions
- Defines ‘ineligible semiconductor manufacturing equipment’ to include specific types of equipment used in semiconductor fabrication.
- Prohibits purchases of ineligible semiconductor manufacturing equipment by federal agencies.
- Restricts the use of federal financial assistance from certain agencies for projects involving ineligible equipment.
- Establishes a 10-year restriction on the use of ineligible equipment following the signing of an agreement.
- Allows for waivers of the restrictions under specific conditions related to domestic supply or national security.
- Updates definitions related to semiconductor manufacturing equipment.
- Requires the Secretary to include prohibitions against ineligible equipment in federal financial assistance agreements.
- Reinforces existing restrictions on foreign entities of concern.
Who is affected
Bill text
Read the latest version inline or switch to a previous version.
Text extraction is in progress. View the official source.
Sponsors
Official sponsors from legislative records.
12 on record
Primary sponsor
Cosponsors
Arguments
Reasons offered for and against this legislation.
Arguments in favor
No arguments in favor have been submitted.
Submit yoursArguments opposed
No arguments opposed have been submitted.
Submit yours