II 

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 and Mr. SCOTT of Florida) introduced the following 

bill; which was read twice and referred to the Committee on Commerce, 

Science, and Transportation 

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, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Securing Semicon5 ductor Supply Chains Act of 2021’’. 

6 SEC. 2. SELECTUSA DEFINED. 

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

8 SelectUSA Initiative of the Department of Commerce esVerDate Sep 11 2014 01:45 Dec 08, 2021 Jkt 029200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\S3309.IS S3309

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1 tablished by Executive Order 13577 (76 Fed. Reg. 

2 35,715). 

3 SEC. 3. FINDINGS. 

4 Congress makes the following findings: 

5 (1) Semiconductors underpin the United States 

6 and global economies, especially with respect to 

7 manufacturing. Semiconductors are also essential to 

8 national security and military applications of the 

9 United States. 

10 (2) A shortage of semiconductors, brought 

11 about by the COVID–19 pandemic and other com12 plex factors impacting the overall supply chain, has 

13 threatened the economic recovery of the United 

14 States and industries that employ millions of United 

15 States citizens. 

16 (3) Addressing current challenges and building 

17 resilience against future risks requires ensuring a se18 cure and stable supply chain for semiconductors that 

19 will support the economic and national security 

20 needs of the United States and its allies. 

21 (4) The supply chain for semiconductors is 

22 complex and global. While the United States plays 

23 a leading role in certain segments, securing the sup24 ply chain requires onshoring, reshoring, and diversi25 fying vulnerable segments, such as for— 


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1 (A) fabrication; 

2 (B) advanced packaging; and 

3 (C) material inputs. 

4 (5) The Federal Government can leverage for5 eign direct investment and private dollars to grow 

6 the domestic manufacturing capacity of the United 

7 States for vulnerable segments of the semiconductor 

8 supply chain. 

9 (6) The SelectUSA program of the Department 

10 of Commerce, in coordination with other Federal 

11 agencies and State-level economic development orga12 nizations, is positioned to boost foreign direct invest13 ment in domestic manufacturing that will help se14 cure the semiconductor supply chain of the United 

15 States. 

16 SEC. 4. COORDINATION WITH STATE-LEVEL ECONOMIC DE17 VELOPMENT ORGANIZATIONS. 

18 Not later than 90 days after the date of the enact19 ment of this Act, the Executive Director of SelectUSA 

20 shall solicit comments from State-level economic develop21 ment organizations— 

22 (1) to assess— 

23 (A) what efforts those organizations are 

24 engaged in to increase foreign direct investment 


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1 in any segment of semiconductor-related manu2 facturing and production; 

3 (B) what tools and resources those organi4 zations have to increase such investment; 

5 (C) opportunities those organizations have 

6 identified to attract foreign direct investment to 

7 help increase investment described in subpara8 graph (A); and 

9 (D) resource gaps or other challenges that 

10 prevent those organizations from increasing 

11 such investment; and 

12 (2) to develop recommendations for how 

13 SelectUSA can increase such investment independ14 ently or through partnership with those organiza15 tions. 

16 SEC. 5. REPORT ON INCREASING FOREIGN DIRECT INVEST17 MENT IN SEMICONDUCTOR-RELATED MANU18 FACTURING AND PRODUCTION. 

19 Not later than one year after the date of the enact20 ment of this Act, the Executive Director of SelectUSA, 

21 in coordination with the Federal Interagency Investment 

22 Working Group established by Executive Order 13577 (76 

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

24 SelectUSA Initiative), shall submit to the Committee on 

25 Commerce, Science, and Transportation of the Senate and 


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1 the Committee on Energy and Commerce of the House 

2 of Representatives a report that includes— 

3 (1) a review of the comments SelectUSA re4 ceived from State-level economic development organi5 zations under section 4; 

6 (2) a description of activities SelectUSA is en7 gaged in to increase foreign direct investment in 

8 semiconductor-related manufacturing and produc9 tion; and 

10 (3) an assessment of strategies SelectUSA may 

11 implement to achieve an increase in such investment 

12 and to help secure the United States supply chain 

13 for semiconductors, including by— 

14 (A) working with other relevant Federal 

15 agencies; and 

16 (B) working with State-level economic de17 velopment organizations and implementing any 

18 strategies or recommendations SelectUSA re19 ceived from those organizations. 

Æ 


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