Chip EQUIP Act
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Overview
The Chip EQUIP Act aims to protect the U.S. semiconductor industry by restricting the purchase of certain semiconductor manufacturing equipment from foreign entities of concern. Specifically, it defines ‘ineligible semiconductor manufacturing equipment’ as equipment manufactured or refurbished by these entities and prohibits the use of federal funds for its procurement, installation, or use. The bill includes provisions for waivers under specific circumstances, such as insufficient domestic supply or national security considerations.
Key provisions
- Defines ‘ineligible semiconductor manufacturing equipment’ (deposition, etching, lithography, etc.).
- Prohibits purchases of ineligible equipment from foreign entities of concern.
- Restricts the use of federal funds for the procurement, installation, or use of ineligible equipment.
- Requires federal agreements to include prohibitions against using ineligible equipment.
- Allows for waivers under specific conditions (domestic supply shortage, refurbishment by foreign entities, national security).
- Reinforces existing restrictions on foreign entities of concern.
Who is affected
- Semiconductor manufacturers
- Federal government agencies
- Companies receiving federal financial assistance
- Foreign entities of concern
- U.S. semiconductor industry
Notable changes
Bill text
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Sponsors
Official sponsors from legislative records.
3 on record
Primary sponsor
Cosponsors
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