H. R. 6395—1466 
(c) INFORMATION REQUESTED.—To the extent authorized by sec-
tion 705 of the Defense Production Act of 1950 (50 U.S.C. 4555) 
and section 702 of title 15, Code of Federal Regulations, the informa-
tion sought from a responding entity specified in subsection (b) 
shall include, at minimum, information on the following with respect 
to the manufacture, design, or end use of microelectronics by such 
entity: 
(1) An identification of the geographic scope of operations. 
(2) Information on relevant cost structures. 
(3) An identification of types of microelectronics develop-
ment, manufacture, assembly, test, and packaging equipment 
in operation at such an entity. 
(4) An identification of all relevant intellectual property, 
raw materials, and semi-finished goods and components sourced 
domestically and abroad by such an entity. 
(5) Specifications of the microelectronics manufactured or 
designed by such an entity, descriptions of the end-uses of 
such microelectronics, and a description of any technical sup-
port provided to end-users of such microelectronics by such 
an entity. 
(6) Information on domestic and export market sales by 
such an entity. 
(7) Information on the financial performance, including 
income and expenditures, of such an entity. 
(8) A list of all foreign and domestic subsidies, and any 
other financial incentives, received by such an entity in each 
market in which such entity operates. 
(9) A list of regulatory or other informational requests 
about the respondents’ operations, sales, or other proprietary 
information by the People’s Republic of China entities under 
its direction or officials of the Chinese Communist Party, a 
description of the nature of each request, and the type of 
information provided. 
(10) Information on any joint ventures, technology licensing 
agreements, and cooperative research or production arrange-
ments of such an entity. 
(11) A description of efforts by such an entity to evaluate 
and control supply chain risks. 
(12) A list and description of any sales, licensing agree-
ments, or partnerships between such an entity and the People’s 
Liberation Army or People’s Armed Police, including any busi-
ness relationships with entities through which such sales, 
licensing agreements, or partnerships may occur. 
(d) REPORT.— 
(1) IN GENERAL.—The Secretary shall, in consultation with 
the heads of other appropriate Federal departments and agen-
cies, as appropriate, including the Secretary of Defense, Sec-
retary of Homeland Security, and Secretary of Energy, submit 
to Congress a report on the results of the review required 
by subsection (a). The report shall include the following: 
(A) An assessment of the results of the review. 
(B) A list of critical technology areas impacted by 
potential disruptions in production of microelectronics, and 
a detailed description and assessment of the impact of 
such potential disruptions on such areas.
H. R. 6395—1467 
(C) A description and assessment of gaps and 
vulnerabilities in the microelectronics supply chain and 
the national industrial supply base. 
(2) FORM.—The report required by paragraph (1) may be 
submitted in classified form. 
SEC. 9905. FUNDING FOR DEVELOPMENT AND ADOPTION OF MEASUR-
ABLY SECURE SEMICONDUCTORS AND MEASURABLY 
SECURE SEMICONDUCTORS SUPPLY CHAINS. 
(a) MULTILATERAL SEMICONDUCTORS SECURITY FUND.— 
(1) ESTABLISHMENT
OF
FUND.—The Secretary of the 
Treasury is authorized to establish a trust fund, to be known 
as the ‘‘Multilateral Semiconductors Security Fund’’ (in this 
section referred to as the ‘‘Fund’’), consisting of any appro-
priated funds credited to the Fund for such purpose. 
(2) REPORTING
REQUIREMENT.—If the Fund authorized 
under subsection (a)(1) is not established, 180 days after the 
date of the enactment of this Act and annually thereafter 
until such Fund is established, the Secretary of the Treasury, 
in coordination with the Secretary of State, shall provide, in 
writing, to the appropriate committees of Congress a rationale 
for not establishing the Fund. 
(3) INVESTMENT OF AMOUNTS.— 
(A) INVESTMENT OF AMOUNTS.—If the Fund authorized 
under subsection (a)(1) is established, the Secretary of the 
Treasury shall invest such portion of the Fund as is not 
required to meet current withdrawals in interest-bearing 
obligations of the United States or in obligations guaran-
teed as to both principal and interest by the United States. 
(B) INTEREST
AND
PROCEEDS.—The interest on, and 
the proceeds from the sale or redemption of, any obligations 
held in the Fund shall be credited to and form a part 
of the Fund. 
(4) USE OF FUND.— 
(A) 
IN
GENERAL.—Subject 
to 
subparagraph 
(B), 
amounts in the Fund shall be available, as provided in 
advance in an appropriations Act, to the Secretary of 
State— 
(i) to provide funding through the common funding 
mechanism described in subsection (b)(1) to support 
the development and adoption of measurably secure 
semiconductors and measurably secure semiconductors 
supply chains; and 
(ii) to otherwise carry out this section. 
(B) AVAILABILITY
CONTINGENT
ON
INTERNATIONAL 
ARRANGEMENT OR AGREEMENT.— 
(i) IN GENERAL.—Amounts in the Fund shall be 
available to the Secretary of State, subject to appro-
priation, on and after the date on which the Secretary 
of State enters into an arrangement or agreement with 
the governments of countries that are partners of the 
United States to participate in the common funding 
mechanism under paragraph (1) of subsection (b). 
(ii) 
CONSULTATION.—Before 
entering 
into 
an 
arrangement or agreement as described clause (i), the 
Secretary of State, in consultation with the Secretary 
of Commerce, shall ensure any partner government
H. R. 6395—1468 
maintains export control licensing policies on semicon-
ductor technology substantively equivalent to the 
United States with respect to restrictions on such 
exports to the People’s Republic of China. 
(b) COMMON FUNDING MECHANISM
FOR DEVELOPMENT
AND 
ADOPTION OF MEASURABLY SECURE SEMICONDUCTORS AND MEASUR-
ABLY SECURE SEMICONDUCTORS SUPPLY CHAINS.— 
(1) IN GENERAL.—The Secretary of State, in consultation 
with the Secretary of Commerce, the Secretary of Defense, 
the Secretary of Homeland Security, the Secretary of the 
Treasury, the Secretary of Energy, and the Director of National 
Intelligence, is authorized to establish a common funding 
mechanism, in coordination with foreign partners, that uses 
amounts from the Fund to support the development and adop-
tion of secure semiconductors and secure semiconductors supply 
chains, including for use in research and development collabora-
tions among partner countries participating in the common 
funding mechanism. In establishing and sustaining a common 
funding mechanism, the Secretary of State should leverage 
United States funding in order to secure contributions and 
commitments from trusted foreign partners, including cost 
sharing and other cooperative measures leading to the develop-
ment and adoption of secure semiconductors and secure micro-
electronic supply chains. 
(2) COMMITMENTS.—In creating and sustaining a common 
funding mechanism described in paragraph (1), the Secretary 
of State should promote efforts among foreign partners to— 
(A) establish transparency requirements for any sub-
sidies or other financial benefits (including revenue fore-
gone) provided to semiconductors firms located in or outside 
such countries; 
(B) establish consistent policies with respect to coun-
tries that— 
(i) are not participating in the common funding 
mechanism; and 
(ii) do not meet transparency requirements estab-
lished under subparagraph (A); 
(C) promote harmonized treatment of semiconductors 
and verification processes for items being exported to a 
country considered a national security risk by a country 
participating in the common funding mechanism; 
(D) establish consistent policies and common external 
policies to address nonmarket economies as the behavior 
of such countries pertains to semiconductors; 
(E) align policies on supply chain integrity and semi-
conductors security, including with respect to protection 
and enforcement of intellectual property rights; and 
(F) promote harmonized foreign direct investment 
screening measures and export control policies with respect 
to semiconductors to align with national, multilateral, and 
plurilateral security priorities. 
(c) ANNUAL REPORT TO CONGRESS.—Not later than one year 
after the date of the enactment of this Act, and annually thereafter 
for each fiscal year during which amounts in the Fund are available 
under subsection (a)(4), the Secretary of State shall submit to 
the appropriate committees of Congress a report on the status
H. R. 6395—1469 
of the implementation of this section that includes a description 
of— 
(1) any commitments made by the governments of countries 
that have entered into an arrangement or agreement with 
the United States to provide funding for the common funding 
mechanism described in subsection (b)(1) and the specific 
amount so committed and other cooperative measures being 
taken by such countries as part of the common funding mecha-
nism; 
(2) the criteria established for expenditure of funds through 
the common funding mechanism; 
(3) how, and to whom, amounts have been expended from 
the Fund and a description of progress made utilizing the 
Fund to support the objectives described in subsection (b)(1); 
(4) amounts remaining in the Fund; 
(5) the progress of the Secretary of State toward entering 
into an arrangement or agreement with the governments of 
countries that are partners of the United States to participate 
in the common funding mechanism and the commitments 
described in subsection (b)(2); and 
(6) any additional authorities needed to enhance the 
effectiveness of the Fund in achieving the security goals of 
the United States. 
(d) NOTIFICATIONS TO BE PROVIDED BY THE FUND.— 
(1) IN GENERAL.—Not later than 15 days prior to the Fund 
making a financial commitment associated with the provision 
of expenditures under subsection (a)(4)(A) in an amount in 
excess of $1,000,000, the Secretary of State shall submit to 
the appropriate committees of Congress report in writing that 
contains the information required by paragraph (2). 
(2) INFORMATION REQUIRED.—The information required by 
this subsection includes— 
(A) the amount of each such expenditure; 
(B) an identification of the recipient or beneficiary; 
and 
(C) a description of the project or activity and the 
purpose to be achieved by an expenditure of the Fund. 
(3) ARRANGEMENTS
OR
AGREEMENTS.—The Secretary of 
State shall notify the appropriate committees of Congress not 
later than 30 days after entering into a new bilateral or multi-
lateral arrangement or agreement described in subsection 
(a)(4)(B). 
SEC. 9906. ADVANCED MICROELECTRONICS RESEARCH AND DEVELOP-
MENT. 
(a) SUBCOMMITTEE ON MICROELECTRONICS LEADERSHIP.— 
(1) ESTABLISHMENT REQUIRED.—The President shall estab-
lish in the National Science and Technology Council a sub-
committee on matters relating to leadership and competitive-
ness of the United States in microelectronics technology and 
innovation (in this section referred to as the ‘‘Subcommittee)’’. 
(2) MEMBERSHIP.—The Subcommittee shall be composed 
of the following members: 
(A) The Secretary of Defense. 
(B) The Secretary of Energy. 
(C) The Director of the National Science Foundation. 
(D) The Secretary of Commerce.