Tax Credits for Semiconductor Material Manufacturing
A senate committee must act next: committee consideration.
The bill has strong bipartisan support and builds on existing popular chip manufacturing laws, but tax changes often face hurdles in a divided Congress.
Govbase has not yet run an impact analysis on this legislation.
Read twice and referred to the Committee on Finance.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
U.S. lawmakers introduced the SEMI Investment Act to extend the Advanced Manufacturing Investment Tax Credit to 2031. The bill clarifies that critical materials suppliers, including those for foundational materials, would be eligible for the credit to ensure supply chain stability.
Introduced in November 2025, the SEMI Investment Act expands the CHIPS Act tax credit to include upstream materials like substrates and lithography materials. The goal is to reduce dependence on China and achieve technological sovereignty in AI and advanced technologies.
During a 'Tax Day' event on Capitol Hill, industry executives urged passage of the SEMI Investment Act. The bill would expand eligibility to cover the full supply chain, including specialty chemicals and gases currently excluded from the CHIPS Act incentives.
No votes recorded for this bill yet.
Document Type
Congressional Bill
Official Title
SEMI Investment Act
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