II 

Calendar No. 222 

117TH CONGRESS 

1ST SESSION S. 3309 

To require SelectUSA to coordinate with State-level economic development 

organizations to increase foreign direct investment in semiconductorrelated manufacturing and production. 

IN THE SENATE OF THE UNITED STATES 

DECEMBER 2, 2021 

Mr. PETERS (for himself, Mr. SCOTT of Florida, and Mrs. BLACKBURN) introduced the following bill; which was read twice and referred to the Committee on Commerce, Science, and Transportation 

DECEMBER 17, 2021 

Reported by Ms. CANTWELL, with an amendment 

[Strike out all after the enacting clause and insert the part printed in italic] 

A BILL 

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, 


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1 SECTION 1. SHORT TITLE. 

2 This Act may be cited as the ‘‘Securing Semicon3 ductor Supply Chains Act of 2021’’. 

4 SEC. 2. SELECTUSA DEFINED. 

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

6 SelectUSA Initiative 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, especially with respect to 

13 manufacturing. Semiconductors are also essential to 

14 national security and military applications of the 

15 United States. 

16 (2) A shortage of semiconductors, brought 

17 about by the COVID–19 pandemic and other com18 plex factors impacting the overall supply chain, has 

19 threatened the economic recovery of the United 

20 States and industries that employ millions of United 

21 States citizens. 

22 (3) Addressing current challenges and building 

23 resilience against future risks requires ensuring a se24 cure and stable supply chain for semiconductors that 

25 will support the economic and national security 

26 needs of the United States and its allies. 


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1 (4) The supply chain for semiconductors is 

2 complex and global. While the United States plays 

3 a leading role in certain segments, securing the sup4 ply chain requires onshoring, reshoring, and diversi5 fying vulnerable segments, such as for— 

6 (A) fabrication; 

7 (B) advanced packaging; and 

8 (C) material inputs. 

9 (5) The Federal Government can leverage for10 eign direct investment and private dollars to grow 

11 the domestic manufacturing capacity of the United 

12 States for vulnerable segments of the semiconductor 

13 supply chain. 

14 (6) The SelectUSA program of the Department 

15 of Commerce, in coordination with other Federal 

16 agencies and State-level economic development orga17 nizations, is positioned to boost foreign direct invest18 ment in domestic manufacturing that will help se19 cure the semiconductor supply chain of the United 

20 States. 

21 SEC. 4. COORDINATION WITH STATE-LEVEL ECONOMIC DE22 VELOPMENT ORGANIZATIONS. 

23 Not later than 90 days after the date of the enact24 ment of this Act, the Executive Director of SelectUSA 


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

3 (1) to assess— 

4 (A) what efforts those organizations are 

5 engaged in to increase foreign direct investment 

6 in any segment of semiconductor-related manu7 facturing and production; 

8 (B) what tools and resources those organi9 zations have to increase such investment; 

10 (C) opportunities those organizations have 

11 identified to attract foreign direct investment to 

12 help increase investment described in subpara13 graph (A); and 

14 (D) resource gaps or other challenges that 

15 prevent those organizations from increasing 

16 such investment; and 

17 (2) to develop recommendations for how 

18 SelectUSA can increase such investment independ19 ently or through partnership with those organiza20 tions. 

21 SEC. 5. REPORT ON INCREASING FOREIGN DIRECT INVEST22 MENT IN SEMICONDUCTOR-RELATED MANU23 FACTURING AND PRODUCTION. 

24 Not later than one year after the date of the enact25 ment of this Act, the Executive Director of SelectUSA, 


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1 in coordination with the Federal Interagency Investment 

2 Working Group established by Executive Order 13577 (76 

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

4 SelectUSA Initiative), shall submit to the Committee on 

5 Commerce, Science, and Transportation of the Senate and 

6 the Committee on Energy and Commerce of the House 

7 of Representatives a report that includes— 

8 (1) a review of the comments SelectUSA re9 ceived from State-level economic development organi10 zations under section 4; 

11 (2) a description of activities SelectUSA is en12 gaged in to increase foreign direct investment in 

13 semiconductor-related manufacturing and produc14 tion; and 

15 (3) an assessment of strategies SelectUSA may 

16 implement to achieve an increase in such investment 

17 and to help secure the United States supply chain 

18 for semiconductors, including by— 

19 (A) working with other relevant Federal 

20 agencies; and 

21 (B) working with State-level economic de22 velopment organizations and implementing any 

23 strategies or recommendations SelectUSA re24 ceived from those organizations. 


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1 SECTION 1. SHORT TITLE. 

2 This Act may be cited as the ‘‘Securing Semiconductor 

3 Supply Chains Act of 2021’’. 

4 SEC. 2. SELECTUSA DEFINED. 

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

6 SelectUSA program of the Department of Commerce estab7 lished by Executive Order 13577 (76 Fed. Reg. 35,715). 

8 SEC. 3. FINDINGS. 

9 Congress makes the following findings: 

10 (1) Semiconductors underpin the United States 

11 and global economies, including manufacturing sec12 tors. Semiconductors are also essential to the national 

13 security of the United States. 

14 (2) A shortage of semiconductors, brought about 

15 by the COVID–19 pandemic and other complex fac16 tors impacting the overall supply chain, has threat17 ened the economic recovery of the United States and 

18 industries that employ millions of United States citi19 zens. 

20 (3) Addressing current challenges and building 

21 resilience against future risks requires ensuring a se22 cure and stable supply chain for semiconductors that 

23 will support the economic and national security needs 

24 of the United States and its allies. 

25 (4) The supply chain for semiconductors is com26 plex and global. While the United States plays a leadVerDate Sep 11 2014 01:26 Dec 19, 2021 Jkt 029200 PO 00000 Frm 00006 Fmt 6652 Sfmt 6203 E:\BILLS\S3309.RS S3309

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1 ing role in certain segments of the semiconductor in2 dustry, securing the supply chain requires onshoring, 

3 reshoring, or diversifying vulnerable segments, such as 

4 for— 

5 (A) fabrication; 

6 (B) advanced packaging; and 

7 (C) materials and equipment used to manu8 facture semiconductor products. 

9 (5) The Federal Government can leverage foreign 

10 direct investment and private dollars to grow the do11 mestic manufacturing and production capacity of the 

12 United States for vulnerable segments of the semicon13 ductor supply chain. 

14 (6) The SelectUSA program of the Department 

15 of Commerce, in coordination with other Federal 

16 agencies and State-level economic development organi17 zations, is positioned to boost foreign direct invest18 ment in domestic manufacturing and to help secure 

19 the semiconductor supply chain of the United States. 

20 SEC. 4. COORDINATION WITH STATE-LEVEL ECONOMIC DE21 VELOPMENT ORGANIZATIONS. 

22 Not later than 180 days after the date of the enactment 

23 of this Act, the Executive Director of SelectUSA shall solicit 

24 comments from State-level economic development organiza25 tions— 


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1 (1) to review— 

2 (A) what efforts the Federal Government 

3 can take to support increased foreign direct in4 vestment in any segment of semiconductor-re5 lated production; 

6 (B) what barriers to such investment may 

7 exist and how to amplify State efforts to attract 

8 such investment; 

9 (C) public opportunities those organizations 

10 have identified to attract foreign direct invest11 ment to help increase investment described in 

12 subparagraph (A); 

13 (D) resource gaps or other challenges that 

14 prevent those organizations from increasing such 

15 investment; and 

16 (2) to develop recommendations for— 

17 (A) how SelectUSA can increase such in18 vestment independently or through partnership 

19 with those organizations; and 

20 (B) working with countries that are allies 

21 or partners of the United States to ensure that 

22 foreign adversaries (as defined in section 8(c)(2) 

23 of the Secure and Trusted Communications Net24 works Act of 2019 (47 U.S.C. 1607(c)(2))) do not 


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1 benefit from United States efforts to increase 

2 such investment. 

3 SEC. 5. REPORT ON INCREASING FOREIGN DIRECT INVEST4 MENT IN SEMICONDUCTOR-RELATED MANU5 FACTURING AND PRODUCTION. 

6 Not later than 2 years after the date of the enactment 

7 of this Act, the Executive Director of SelectUSA, in coordi8 nation with the Federal Interagency Investment Working 

9 Group established by Executive Order 13577 (76 Fed. Reg. 

10 35,715; relating to establishment of the SelectUSA Initia11 tive), shall submit to the Committee on Commerce, Science, 

12 and Transportation of the Senate and the Committee on 

13 Energy and Commerce of the House of Representatives a 

14 report that includes— 

15 (1) a review of the comments SelectUSA received 

16 from State-level economic development organizations 

17 under section 4; 

18 (2) a description of activities SelectUSA is en19 gaged in to increase foreign direct investment in 

20 semiconductor-related manufacturing and production; 

21 and 

22 (3) an assessment of strategies SelectUSA may 

23 implement to achieve an increase in such investment 

24 and to help secure the United States supply chain for 

25 semiconductors, including by— 


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1 (A) working with other relevant Federal 

2 agencies; and 

3 (B) working with State-level economic de4 velopment organizations and implementing any 

5 strategies or recommendations SelectUSA re6 ceived from those organizations. 


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Calendar No. 222 

117TH CONGRESS 

1ST SESSION S. 3309 

A BILL 

To require SelectUSA to coordinate with State-level 

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

DECEMBER 17, 2021 

Reported with an amendment 


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