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- H. R. 4346 - CHIPS and Science Act 117th Congress (2021-2022)
CHIPS Act of 2022 (Sec 102) The act establishes and provides funding for the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Fund to carry out activities relating to the creation of incentives to produce semiconductors in the United States
- CHIPS and Science Act - Wikipedia
On June 8, 2021, the USICA passed 68–32 in the Senate with bipartisan support The House version of the Bill, America COMPETES Act of 2022 (H R 4521), passed on February 4, 2022 The Senate passed an amended bill by substituting the text of H R 4521 with the text of the USICA on March 28, 2022
- The CHIPS and Science Act - U. S. Senate Committee on Commerce . . .
Congress passed the bipartisan CHIPS and Science Act to ensure that the United States continues to lead the world in science and technology innovation well into the future With Sen Cantwell’s and Commerce Democrats’ leadership, the Act invests nearly $250 billion over the next five years — one of the largest five-year federal research
- Two Years Later: Funding from CHIPS and Science Act Creating . . .
Commerce is on track to allocate all remaining funds with CHIPS grantees by the end of 2024 “As a result of the CHIPS and Science Act, we’ve made huge strides over the past two years in implementing the program and amassing private sector interest and enthusiasm,” said Commerce Secretary Gina Raimondo
- [News] U. S. Senate Proposes 30% Chip Tax Credit Despite Trump . . .
Tax Credits as Core Benefit of CHIPS Act Bloomberg points out that the tax credit is also a key component of the CHIPS and Science Act, signed by President Joe Biden in 2022 While the CHIPS Act provided $39 billion in grants and up to $75 billion in loans, the report highlights that its most valuable benefit was a 25% tax credit for qualifying
- What Is the CHIPS Act? - Council on Foreign Relations
Signed into law in August 2022, the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act is intended to lure microchip manufacturing back to the United States
- What is the CHIPS and Science Act? | McKinsey
The Creating Helpful Incentives to Produce Semiconductors and Science Act of 2022 (CHIPS Act), signed into law on August 9, 2022, is designed to boost US competitiveness, innovation, and national security The law aims to catalyze investments in domestic semiconductor manufacturing capacity
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