Young
U.S. Senators Todd Young (R-Ind.), Mark Kelly (D-Ariz.), Ted Cruz (R-Texas), Bill Hagerty (R-Tenn.), Sherrod Brown (D-Ohio), Martin Heinrich (D-N.M.), Kyrsten Sinema (I-Ariz.), and Ted Budd (R-N.C.) highlighted last week’s successful passage of their microchip manufacturing permitting reform bill, the Building Chips in America Act, as part of the National Defense Authorization Act (NDAA).
The Building Chips in America Act was introduced in July by Senators Young and Kelly and added to the NDAA as Kelly Amendment No. 985.
According to the senators, this bipartisan legislation will maximize the impact of the CHIPS and Science Act enacted last year by streamlining federal reviews for chip manufacturing projects, while keeping environmental protections in place. They say this will prevent construction delays for projects across the country. Click here to read the text of the amendment.
“The CHIPS and Science Act included manufacturing incentives vital to increasing chip production here in the U.S., protecting our national security interests and boosting our economic security at the same time,” Sen. Young said. “However, as implementation proceeds, unnecessary regulatory burdens are threatening to slow down these critical investments in domestic semiconductor manufacturing and pause construction that has already begun. I’m encouraged by the Senate’s vote to pass the Building Chips in America Act and will push for this legislation to be included in the final NDAA negotiated by the House and Senate.”