117TH CONGRESS 

2D SESSION S. 3309 

AN ACT 

To require SelectUSA to coordinate with State-level economic 

development organizations to increase foreign direct investment in semiconductor-related manufacturing and 

production. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 
2 

†S 3309 ES

1 SECTION 1. SHORT TITLE. 

2 This Act may be cited as the ‘‘Securing Semicon3 ductor Supply Chains Act of 2022’’. 

4 SEC. 2. SELECTUSA DEFINED. 

5 In this Act, the term ‘‘SelectUSA’’ means the 

6 SelectUSA program of the Department of Commerce es7 tablished by Executive Order 13577 (76 Fed. Reg. 

8 35,715). 

9 SEC. 3. FINDINGS. 

10 Congress makes the following findings: 

11 (1) Semiconductors underpin the United States 

12 and global economies, including manufacturing sec13 tors. Semiconductors are also essential to the na14 tional security of the United States. 

15 (2) A shortage of semiconductors, brought 

16 about by the COVID–19 pandemic and other com17 plex factors impacting the overall supply chain, has 

18 threatened the economic recovery of the United 

19 States and industries that employ millions of United 

20 States citizens. 

21 (3) Addressing current challenges and building 

22 resilience against future risks requires ensuring a se23 cure and stable supply chain for semiconductors that 

24 will support the economic and national security 

25 needs of the United States and its allies. 
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†S 3309 ES

1 (4) The supply chain for semiconductors is 

2 complex and global. While the United States plays 

3 a leading role in certain segments of the semicon4 ductor industry, securing the supply chain requires 

5 onshoring, reshoring, or diversifying vulnerable seg6 ments, such as for— 

7 (A) fabrication; 

8 (B) advanced packaging; and 

9 (C) materials and equipment used to man10 ufacture semiconductor products. 

11 (5) The Federal Government can leverage for12 eign direct investment and private dollars to grow 

13 the domestic manufacturing and production capacity 

14 of the United States for vulnerable segments of the 

15 semiconductor supply chain. 

16 (6) The SelectUSA program of the Department 

17 of Commerce, in coordination with other Federal 

18 agencies and State-level economic development orga19 nizations, is positioned to boost foreign direct invest20 ment in domestic manufacturing and to help secure 

21 the semiconductor supply chain of the United States. 

22 SEC. 4. COORDINATION WITH STATE-LEVEL ECONOMIC DE23 VELOPMENT ORGANIZATIONS. 

24 Not later than 180 days after the date of the enact25 ment of this Act, the Executive Director of SelectUSA 
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†S 3309 ES

1 shall solicit comments from State-level economic develop2 ment organizations— 

3 (1) to review— 

4 (A) what efforts the Federal Government 

5 can take to support increased foreign direct in6 vestment in any segment of semiconductor-re7 lated production; 

8 (B) what barriers to such investment may 

9 exist and how to amplify State efforts to attract 

10 such investment; 

11 (C) public opportunities those organiza12 tions have identified to attract foreign direct in13 vestment to help increase investment described 

14 in subparagraph (A); 

15 (D) resource gaps or other challenges that 

16 prevent those organizations from increasing 

17 such investment; and 

18 (2) to develop recommendations for— 

19 (A) how SelectUSA can increase such in20 vestment independently or through partnership 

21 with those organizations; and 

22 (B) working with countries that are allies 

23 or partners of the United States to ensure that 

24 foreign adversaries (as defined in section 

25 8(c)(2) of the Secure and Trusted Communica-
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†S 3309 ES

1 tions Networks Act of 2019 (47 U.S.C. 

2 1607(c)(2))) do not benefit from United States 

3 efforts to increase such investment. 

4 SEC. 5. REPORT ON INCREASING FOREIGN DIRECT INVEST5 MENT IN SEMICONDUCTOR-RELATED MANU6 FACTURING AND PRODUCTION. 

7 Not later than 2 years after the date of the enact8 ment of this Act, the Executive Director of SelectUSA, 

9 in coordination with the Federal Interagency Investment 

10 Working Group established by Executive Order 13577 (76 

11 Fed. Reg. 35,715; relating to establishment of the 

12 SelectUSA Initiative), shall submit to the Committee on 

13 Commerce, Science, and Transportation of the Senate and 

14 the Committee on Energy and Commerce of the House 

15 of Representatives a report that includes— 

16 (1) a review of the comments SelectUSA re17 ceived from State-level economic development organi18 zations under section 4; 

19 (2) a description of activities SelectUSA is en20 gaged in to increase foreign direct investment in 

21 semiconductor-related manufacturing and produc22 tion; and 

23 (3) an assessment of strategies SelectUSA may 

24 implement to achieve an increase in such investment 
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1 and to help secure the United States supply chain 

2 for semiconductors, including by— 

3 (A) working with other relevant Federal 

4 agencies; and 

5 (B) working with State-level economic de6 velopment organizations and implementing any 

7 strategies or recommendations SelectUSA re8 ceived from those organizations. 

9 SEC. 6. NO ADDITIONAL FUNDS. 

10 No additional funds are authorized to be appro11 priated for the purpose of carrying out this Act. The Exec12 utive Director of SelectUSA shall carry out this Act using 

13 amounts otherwise available to the Executive Director for 

14 such purposes. 

Passed the Senate June 16, 2022. 

Attest: 

Secretary. 

117TH CONGRESS 

2D SESSION S. 3309 

AN ACT 

To require SelectUSA to coordinate with State-level 

lated manufacturing and production. foreign direct investment in semiconductor-reeconomic development organizations to increase