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[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8414 Introduced in House (IH)]

<DOC>

118th CONGRESS
  2d Session
                                H. R. 8414

 To support efforts of the governments of Western Hemisphere countries 
     to increase the diversity of their upstream supply chains and 
                       downstream supply chains.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                              May 15, 2024

 Mr. Stanton (for himself and Mr. Johnson of South Dakota) introduced 
  the following bill; which was referred to the Committee on Foreign 
                                Affairs

_______________________________________________________________________

                                 A BILL

 
 To support efforts of the governments of Western Hemisphere countries 
     to increase the diversity of their upstream supply chains and 
                       downstream supply chains.

    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 ``Semiconductor Supply Chain Security 
and Diversification Act of 2024''.

SEC. 2. DEFINITIONS.

    In this Act--
            (1) the term ``upstream supply chain'' includes mining, 
        production, or processing of critical minerals used in 
        semiconductor manufacturing, including--
                    (A) zinc;
                    (B) gallium;
                    (C) germanium;
                    (D) silicon;
                    (E) lithium; and
                    (F) cobalt; and
            (2) the term ``downstream supply chain'' includes--
                    (A) testing and packaging facilities for 
                semiconductors; and
                    (B) advanced testing and packaging facilities for 
                semiconductors.

SEC. 3. SENSE OF CONGRESS; STATEMENT OF POLICY.

    (a) Sense of Congress.--It is the sense of congress that the United 
States has an economic and national security interest in diversifying 
the semiconductor supply chain, specifically by encouraging the 
development of a regionally-based semiconductor ecosystems in the 
Western Hemisphere to compliment the investments in the United States 
under the CHIPS and Science Act.
    (b) Statement of Policy.--It is the policy of the United States--
            (1) to promote the security of allies and partners of the 
        United States by encouraging the development of accessible, 
        transparent, competitive, and robust semiconductor markets that 
        provide diversified sources, types, and parts of the 
        semiconductor chip; and
            (2) to encourage United States public and private sector 
        investment in Latin American semiconductor infrastructure 
        projects to bridge the gap between national security needs and 
        commercial demand in a way that is consistent with the region's 
        absorptive capacity.

SEC. 4. SUPPORTING EFFORTS OF THE GOVERNMENTS OF WESTERN HEMISPHERE 
              COUNTRIES TO INCREASE THE DIVERSITY OF THEIR UPSTREAM 
              SUPPLY CHAINS AND DOWNSTREAM SUPPLY CHAINS.

    (a) In General.--In carrying out the policy described in section 
3(b), the Secretary of State, in consultation with the Secretary of 
Commerce and the heads of other relevant United States agencies, shall, 
as appropriate, focus the efforts of the Department of State and those 
agencies in supporting the efforts of the governments of Western 
Hemisphere countries to increase the diversity of their upstream supply 
chains and downstream supply chains, including through--
            (1) providing diplomatic and political support to the 
        Organization of American States and Western Hemisphere 
        governments, as necessary--
                    (A) to facilitate international negotiations 
                concerning cross-border infrastructure;
                    (B) to enhance the Western Hemisphere's regulatory 
                environment with respect to semiconductors; and
                    (C) to develop accessible, transparent, and 
                competitive supply chain markets and downstream supply 
                chain markets that are supplied by diverse sources, 
                types, and routes of energy; and
            (2) providing support to improve Western Hemisphere 
        upstream supply chains and downstream supply chains for 
        semiconductors, including--
                    (A) to diversify the sources and supply routes of 
                Western Hemisphere countries; and
                    (B) to enhance semiconductor market integration 
                across the regions.
    (b) Terms and Conditions.--For the purposes of providing support 
for projects under this section, the following terms and conditions 
shall apply:
            (1) The United States International Development Finance 
        Corporation may provide support for upstream supply chain and 
        downstream supply chain projects in countries in the Western 
        Hemisphere with upper-middle-income economies or high-income 
        economies (as those terms are defined by the World Bank).
            (2) The restrictions under section 1412(c)(2) of the Better 
        Utilization of Investments Leading to Development Act of 2018 
        (22 U.S.C. 9612(c)(2)) shall not apply.
            (3) The Corporation shall restrict the provision of such 
        support in a country described in paragraph (1) unless--
                    (A) the President certifies to the appropriate 
                congressional committees that such support furthers the 
                national economic or foreign policy interests of the 
                United States; and
                    (B) such support is--
                            (i) designed to produce significant 
                        developmental outcomes or provide developmental 
                        benefits to the poorest population of that 
                        country; or
                            (ii) necessary to preempt or counter 
                        efforts by a strategic competitor of the United 
                        States to secure significant political or 
                        economic leverage or acquire national security-
                        sensitive technologies or infrastructure in a 
                        country that is an ally or partner of the 
                        United States.
    (c) Appropriate Congressional Committees Defined.--In this section, 
the term ``appropriate congressional committees'' has the meaning given 
that term in section 1402 of the Better Utilization of Investments 
Leading to Development Act of 2018 (22 U.S.C. 9601).
                                 <all>
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