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- The CHIPS and Science Act of 2022 is a bipartisan legislation that invests nearly $250 billion in semiconductor and scientific R&D, as well as wireless supply chain innovation1234. The act aims to restore and advance the U.S. leadership in the global semiconductor industry, strengthen the domestic manufacturing and industrial base, create jobs, bolster technology leadership, and reduce dependence on foreign supply chains, especially from China124. The act also provides enhanced security for the U.S. Supreme Court members and their families1, and addresses the historic disparities in research funding that put rural states at a disadvantage5. The act was signed into law by President Biden on Aug. 9, 2022, after passing both chambers of Congress135.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The CHIPS and Science Act of 2022—aka the Creating Helpful Incentives to Produce Semiconductors for America Act—refers to legislation signed into law by President Biden on Aug. 9, 2022, and adopted as Public Law No. 117-167. 1 Originally pegged at $52 billion, the passed legislation invests nearly $250 billion in a ...www.investopedia.com/chips-and-science-act-650…Background. The Act, known as the Creating Helpful Incentives to Produce Semiconductors (CHIPS) Act of 2022, will make transformative investments to restore and advance our Nation’s leadership in the research, development, and manufacturing of semiconductors. These investments will strengthen our Nation’s manufacturing and ...www.whitehouse.gov/briefing-room/presidential-act…CHIPS and Science Act of 2022 Summary July 29, 2022 The bipartisan CHIPS and Science Act has been sent to President Biden for his signature after passing both chambers. After passing the Senate 64-34, the U.S. House voted 243-187, with 24 Republicans, to pass legislation that will provide $54.2 billion in supplemental ...bgrdc.com/chips-and-science-act-of-2022-summary/
The CHIPS Act of 2022 also provides appropriations needed to implement the USA Telecom Act that was enacted in the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021. This program helps shore up the global telecommunications supply chain and limit the scope of involvement globally of ...
www.commerce.senate.gov/services/files/592E23A…WASHINGTON – Today, the CHIPS Act of 2022, also known as the “CHIPS and Science Act,” passed the U.S. House of Representatives, and will soon be sent to the President’s desk to be signed into law. U.S. Senator Roger Wicker, R-Miss., was a key negotiator of the new package, which includes support not only to boost ...www.wicker.senate.gov/2022/7/what-they-are-sayi… - People also ask
H.R.4346 - 117th Congress (2021-2022): Chips and Science Act
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08/09/2022 Became Public Law No: 117-167. (All Actions) Roll Call Votes: There …
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CHIPS Act of 2022 (Sec. 102) The act establishes and provides funding for the …
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08/09/2022 Became Public Law No: 117-167. (All Actions) Roll Call Votes: There …
FACT SHEET: CHIPS and Science Act Will Lower Costs, Create …
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