SEMI Investment Act

Hozzl · 2025-05-21T03:53:16Z

Explore the details of Senate Bill 1642 SEMI Investment Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

5/21/2025, 3:53 AM

Summary of Bill S 1642

The bill, designated as S. 1642 in the 119th Congress and introduced on May 7, 2025, aims to amend the Internal Revenue Code of 1986 by expanding the advanced manufacturing investment credit to cover materials essential to semiconductor manufacturing.

Read the Full Bill

Formatted Text PDF Formatted XML

Current Status of Bill S 1642

Bill S 1642 is currently in the status of Bill Introduced since May 7, 2025. Bill S 1642 was introduced during Congress 119 and was introduced to the Senate on May 7, 2025. Bill S 1642's most recent activity was Read twice and referred to the Committee on Finance. as of May 7, 2025

Bipartisan Support of Bill S 1642

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 1642

Primary Policy Focus

Alternate Title(s) of Bill S 1642

A bill to amend the Internal Revenue Code of 1986 to expand the advanced manufacturing investment credit to include materials integral to semiconductor manufacturing.