Summary of Bill HR 2480
The Securing Semiconductor Supply Chains Act of 2025, also known as Bill 119 HR 2480, is a piece of legislation introduced in the US Congress aimed at addressing the vulnerabilities in the semiconductor supply chain. Semiconductors are essential components in a wide range of electronic devices, from smartphones to cars to military equipment, and ensuring a secure and reliable supply chain is crucial for national security and economic competitiveness.
The bill proposes several measures to strengthen the semiconductor supply chain, including increasing transparency and accountability in the sourcing of semiconductors, promoting domestic production of semiconductors, and enhancing coordination between government agencies and industry stakeholders.
One key provision of the bill is the establishment of a Semiconductor Supply Chain Security Task Force, which will be responsible for identifying and addressing vulnerabilities in the semiconductor supply chain. The task force will work closely with industry partners to develop best practices for securing the supply chain and will provide recommendations to Congress on how to strengthen semiconductor supply chain security.
Additionally, the bill includes provisions to incentivize domestic production of semiconductors, such as tax credits and grants for companies that invest in semiconductor manufacturing facilities in the United States. By promoting domestic production, the bill aims to reduce reliance on foreign suppliers and enhance the resilience of the semiconductor supply chain.
Overall, the Securing Semiconductor Supply Chains Act of 2025 is a comprehensive piece of legislation that seeks to address the growing challenges facing the semiconductor supply chain. By promoting transparency, accountability, and domestic production, the bill aims to strengthen the security and reliability of the semiconductor supply chain, ensuring that the United States remains at the forefront of technological innovation.