Investing in Domestic Semiconductor Manufacturing Act
This bill expands the incentives program that provides support to produce semiconductors, and related materials and equipment, in the United States.
To amend the William M. (Mac) Thornberry National Defense Authorization 
Act for Fiscal Year 2021 to improve the semiconductor incentive program 
                     of the Department of Commerce.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Investing in Domestic Semiconductor 
Manufacturing Act''.

SEC. 2. CLARIFICATION FOR UPSTREAM MANUFACTURERS.

    (a) Definitions.--Section 9901(2) of the William M. (Mac) 
Thornberry National Defense Authorization Act for Fiscal Year 2021 (15 
U.S.C. 4651(2)) is amended--
            (1) by inserting ``production,'' before ``or research and 
        development''; and
            (2) by striking ``of semiconductors.'' and inserting ``of 
        semiconductors, materials used to manufacture semiconductors, 
        or semiconductor manufacturing equipment.''.
    (b) Semiconductor Incentives.--Section 9902(a) of the William M. 
(Mac) Thornberry National Defense Authorization Act for Fiscal Year 
2021 (15 U.S.C. 4652(a)) is amended--
            (1) in paragraph (1)--
                    (A) by striking ``for semiconductor fabrication'' 
                and inserting ``for the fabrication'';
                    (B) by inserting ``production,'' before ``or 
                research and development''; and
                    (C) by striking the period at the end and inserting 
                ``of semiconductors, materials used to manufacture 
                semiconductors, or semiconductor manufacturing 
                equipment.''; and
            (2) in paragraph (4)(A), by striking ``used for 
        semiconductors'' and inserting ``used for the purposes''.
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Investing in Domestic Semiconductor Manufacturing Act
A bill to amend the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021 to improve the semiconductor incentive program of the Department of Commerce.
Investing in Domestic Semiconductor Manufacturing Act
Sen. Peters, Gary C.