In the Senate of the United States, 
July 27, 2022. 
Resolved, That the Senate agree to the amendment of 
the House to the amendment of the Senate to the bill (H.R. 
4346) entitled ‘‘An Act making appropriations for Legislative 
Branch for the fiscal year ending September 30, 2022, and 
for other purposes.’’, do pass with the following 
SENATE AMENDMENT TO HOUSE AMENDMENT TO 
SENATE AMENDMENT: 
In lieu of the matter proposed to be inserted by the 
amendment of the House to the amendment of the Sen-
ate, insert the following: 
SECTION 1. TABLE OF CONTENTS. 
The table of contents for this Act is as follows: 
Sec. 1. Table of contents. 
Sec. 2. References. 
DIVISION A—CHIPS ACT OF 2022 
Sec. 101. Short title. 
Sec. 102. Creating helpful incentives to produce semiconductors (CHIPS) for 
America fund. 
Sec. 103. Semiconductor incentives. 
Sec. 104. Opportunity and inclusion. 
Sec. 105. Additional GAO reporting requirements. 
Sec. 106. Appropriations for wireless supply chain innovation. 
Sec. 107. Advanced manufacturing investment credit.
† HR 4346 EAS2 
DIVISION B—RESEARCH AND INNOVATION 
Sec. 10000. Table of contents. 
Sec. 10001. Short title. 
Sec. 10002. Definitions. 
Sec. 10003. Budgetary effects. 
TITLE I—DEPARTMENT OF ENERGY SCIENCE FOR THE FUTURE 
Sec. 10101. Mission of the Office of Science. 
Sec. 10102. Basic energy sciences program. 
Sec. 10103. Biological and environmental research. 
Sec. 10104. Advanced scientific computing research program. 
Sec. 10105. Fusion energy research. 
Sec. 10106. High energy physics program. 
Sec. 10107. Nuclear physics program. 
Sec. 10108. Science laboratories infrastructure program. 
Sec. 10109. Accelerator research and development. 
Sec. 10110. Isotope research, development, and production. 
Sec. 10111. Increased collaboration with teachers and scientists. 
Sec. 10112. High intensity laser research initiative; helium conservation pro-
gram; Office of Science emerging biological threat preparedness 
research initiative; midscale instrumentation and research 
equipment program; authorization of appropriations. 
Sec. 10113. Established program to stimulate competitive research. 
Sec. 10114. Research security. 
TITLE II—NATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY 
FOR THE FUTURE 
Sec. 10201. Definitions. 
Subtitle A—Authorization of Appropriations 
Sec. 10211. Authorization of appropriations. 
Subtitle B—Measurement Research 
Sec. 10221. Engineering biology and biometrology. 
Sec. 10222. Greenhouse gas measurement research. 
Sec. 10223. NIST authority for cybersecurity and privacy activities. 
Sec. 10224. Software security and authentication. 
Sec. 10225. Digital identity management research. 
Sec. 10226. Biometrics research and testing. 
Sec. 10227. Federal biometric performance standards. 
Sec. 10228. Protecting research from cybersecurity theft. 
Sec. 10229. Dissemination of resources for research institutions. 
Sec. 10230. Advanced communications research. 
Sec. 10231. Neutron scattering. 
Sec. 10232. Artificial intelligence. 
Sec. 10233. Sustainable chemistry research and education. 
Sec. 10234. Premise plumbing research. 
Sec. 10235. Dr. David Satcher Cybersecurity Education Grant Program. 
Subtitle C—General Activities 
Sec. 10241. Educational outreach and support for underrepresented communities. 
Sec. 10242. Other transactions authority.
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Sec. 10243. Report to Congress on collaborations with government agencies. 
Sec. 10244. Hiring critical technical experts. 
Sec. 10245. International standards development. 
Sec. 10246. Standard technical update. 
Sec. 10247. GAO study of NIST research security policies and protocols. 
Sec. 10248. Standards development organization grants. 
Subtitle D—Hollings Manufacturing Extension Partnership 
Sec. 10251. Establishment of expansion awards pilot program as a part of the 
Hollings Manufacturing Extension Partnership. 
Sec. 10252. Update to Hollings Manufacturing Extension Partnership. 
Sec. 10253. National Supply Chain Database. 
Sec. 10254. Hollings Manufacturing Extension Partnership activities. 
Sec. 10255. Amendment to the Hollings Manufacturing Extension Partnership re-
lating to institutions of higher education. 
Subtitle E—Manufacturing USA Program 
Sec. 10261. Supporting geographic diversity. 
Sec. 10262. Expanding opportunities through the Manufacturing USA Program. 
Sec. 10263. Promoting domestic production of technologies developed under Man-
ufacturing USA Program. 
TITLE III—NATIONAL SCIENCE FOUNDATION FOR THE FUTURE 
Subtitle A—Preliminary Matters 
Sec. 10301. Sense of Congress. 
Sec. 10302. Definitions. 
Sec. 10303. Authorization of appropriations. 
Subtitle B—STEM Education 
Sec. 10311. PreK–12 STEM education. 
Sec. 10312. Undergraduate STEM education. 
Sec. 10313. Graduate STEM education. 
Sec. 10314. STEM workforce data. 
Sec. 10315. Cyber workforce development research and development. 
Sec. 10316. Federal cyber scholarship-for-service program. 
Sec. 10317. Cybersecurity workforce data initiative. 
Sec. 10318. Microelectronics workforce development activities. 
Sec. 10319. Incorporation of art and design into certain STEM education. 
Sec. 10320. Mandatory cost-sharing. 
Sec. 10321. Programs to address the STEM workforce. 
Subtitle C—Broadening Participation 
Sec. 10321. Presidential awards for excellence in mathematics and science. 
Sec. 10322. Robert Noyce Teacher Scholarship program update. 
Sec. 10323. NSF Eddie Bernice Johnson INCLUDES Initiative. 
Sec. 10324. Broadening participation on major facilities awards. 
Sec. 10325. Expanding geographic and institutional diversity in research. 
Sec. 10326. Diversity in tech research. 
Sec. 10327. Chief Diversity Officer of the NSF. 
Sec. 10328. Research and dissemination to increase the participation of women 
and underrepresented minorities in STEM fields. 
Sec. 10329. Activities to expand STEM opportunities.
† HR 4346 EAS2 
Sec. 10330. Intramural emerging research institutions pilot program. 
Subtitle D—NSF Research Security 
Sec. 10331. Office of Research Security and Policy. 
Sec. 10332. Chief of Research Security. 
Sec. 10333. Reporting to Congress. 
Sec. 10334. Online resource. 
Sec. 10335. Research awards. 
Sec. 10336. Authorities. 
Sec. 10337. Responsible conduct in research training. 
Sec. 10338. Research security and integrity information sharing analysis organi-
zation. 
Sec. 10339. Plan with respect to controlled information and background screen-
ing. 
Sec. 10339A. Foundation funding to institutions hosting or supporting Confucius 
Institutes. 
Sec. 10339B. Foreign financial support. 
Sec. 10339C. Authorization of appropriations. 
Subtitle E—Fundamental Research 
Sec. 10341. Broader impacts. 
Sec. 10342. Sense of Congress. 
Sec. 10343. Research ethics. 
Sec. 10344. Research reproducibility and replicability. 
Sec. 10345. Climate change research. 
Sec. 10346. Social, behavioral, and economic sciences. 
Sec. 10347. Measuring impacts of Federally funded research and development. 
Sec. 10348. Food-energy-water research. 
Sec. 10349. Biological Field Stations and Marine Laboratories. 
Sec. 10350. Sustainable chemistry research and education. 
Sec. 10351. Risk and resilience research. 
Sec. 10352. Unmanned aircraft systems technologies. 
Sec. 10353. Accelerating unmanned maritime systems technologies. 
Sec. 10354. Leveraging international expertise in research. 
Sec. 10355. Biological research collections. 
Sec. 10356. Clean water research and technology acceleration. 
Sec. 10357. Technology and behavioral science research. 
Sec. 10358. Manufacturing research amendment. 
Sec. 10359. Critical minerals mining research and development. 
Sec. 10360. Study of AI research capacity. 
Sec. 10361. Advancing IoT for Precision Agriculture Capabilities Act. 
Sec. 10362. Astronomy and satellite constellations. 
Sec. 10363. Research on the impact of inflation. 
Sec. 10364. Microgravity utilization policy. 
Sec. 10365. Recognition of the Arecibo Observatory. 
Subtitle F—Research Infrastructure 
Sec. 10371. Facility operation and maintenance. 
Sec. 10372. Reviews. 
Sec. 10373. Helium conservation. 
Sec. 10374. Advanced computing. 
Sec. 10375. National secure data service.
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Subtitle G—Directorate for Technology, Innovation, and Partnerships 
Sec. 10381. Establishment. 
Sec. 10382. Purposes. 
Sec. 10383. Activities. 
Sec. 10384. Requirements. 
Sec. 10385. Assistant Director. 
Sec. 10386. Advisory committee. 
Sec. 10387. Challenges and focus areas. 
Sec. 10388. Regional Innovation Engines. 
Sec. 10389. Translation accelerator. 
Sec. 10390. Test beds. 
Sec. 10391. Planning and capacity building awards. 
Sec. 10392. Entrepreneurial fellowships. 
Sec. 10393. Scholarships and fellowships. 
Sec. 10394. Research and development awards. 
Sec. 10395. Scaling innovations in PreK–12 STEM education. 
Sec. 10396. Authorities. 
Sec. 10397. Coordination of activities. 
Sec. 10398. Ethical, legal, and societal considerations. 
Sec. 10399. Reports and roadmaps. 
Sec. 10399A. Evaluation. 
Subtitle H—Administrative Amendments 
Sec. 10399D. Supporting veterans in STEM careers. 
Sec. 10399E. Sunshine Act compliance. 
Sec. 10399F. Science and engineering indicators report submission. 
TITLE IV—BIOECONOMY RESEARCH AND DEVELOPMENT 
Sec. 10401. Definitions. 
Sec. 10402. National engineering biology research and development initiative. 
Sec. 10403. Initiative coordination. 
Sec. 10404. Advisory committee on engineering biology research and development. 
Sec. 10405. External review of ethical, legal, environmental, safety, security, and 
societal issues. 
Sec. 10406. Agency activities. 
Sec. 10407. Rule of construction. 
TITLE V—BROADENING PARTICIPATION IN SCIENCE 
Subtitle A—STEM Opportunities 
Sec. 10501. Federal research agency policies for caregivers. 
Sec. 10502. Collection and reporting of data on federal research awards. 
Sec. 10503. Policies for review of Federal research awards. 
Sec. 10504. Collection of data on demographics of faculty. 
Sec. 10505. Cultural and institutional barriers to expanding the academic and 
Federal STEM workforce. 
Sec. 10506. Existing activities. 
Sec. 10507. Report to Congress. 
Sec. 10508. Merit review. 
Sec. 10509. Determination of budgetary effects. 
Sec. 10510. Definition.
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Subtitle B—Rural STEM Education Research 
Sec. 10511. Definition. 
Sec. 10512. National Science Foundation rural STEM activities. 
Sec. 10513. Opportunities for online education. 
Sec. 10514. National Academies evaluation. 
Sec. 10515. GAO review. 
Sec. 10516. NIST engagement with rural communities. 
Subtitle C—MSI STEM Achievement 
Sec. 10521. GAO review. 
Sec. 10522. Agency responsibilities. 
Sec. 10523. Research at the National Science Foundation. 
Sec. 10524. Capacity-building program for developing universities. 
Sec. 10525. Tribal Colleges and Universities program. 
Sec. 10526. Definitions. 
Subtitle D—Combating Sexual Harassment in Science 
Sec. 10531. Findings. 
Sec. 10532. Purpose. 
Sec. 10533. Definition. 
Sec. 10534. Research awards. 
Sec. 10535. Responsible Conduct Guide. 
Sec. 10536. Interagency working group. 
Sec. 10537. National Academies assessment. 
Sec. 10538. GAO study. 
Sec. 10539. Authorization of appropriations. 
TITLE VI—MISCELLANEOUS SCIENCE AND TECHNOLOGY 
PROVISIONS 
Subtitle A—Supporting Early-career Researchers 
Sec. 10601. Early-career research fellowship program. 
Sec. 10602. Authorization of appropriations. 
Subtitle B—National Science and Technology Strategy 
Sec. 10611. National science and technology strategy. 
Sec. 10612. Strategy and report on the Nation’s economic security, science, re-
search, and innovation to support the national security strategy. 
Sec. 10613. Quadrennial science and technology review. 
Subtitle C—Regional Innovation 
Sec. 10621. Regional innovation capacity. 
Sec. 10622. Regional Clean Energy Innovation Program. 
Subtitle D—Research Security 
Sec. 10631. Requirements for foreign talent recruitment programs. 
Sec. 10632. Malign foreign talent recruitment program prohibition. 
Sec. 10633. Review of contracts and agreements. 
Sec. 10634. Research security training requirement for Federal research award 
personnel. 
Sec. 10635. Research funds accounting.
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Sec. 10636. Person or entity of concern prohibition. 
Sec. 10637. Nondiscrimination. 
Sec. 10638. Definitions. 
Subtitle E—Coastal and Ocean Acidification Research and Innovation 
Sec. 10641. Short title. 
Sec. 10642. Purposes. 
Sec. 10643. Definitions. 
Sec. 10644. Interagency working group. 
Sec. 10645. Strategic research plan. 
Sec. 10646. NOAA ocean acidification activities. 
Sec. 10647. NSF ocean acidification activities. 
Sec. 10648. NASA ocean acidification activities. 
Sec. 10649. Authorization of appropriations. 
Subtitle F—Interagency Working Group 
Sec. 10651. Interagency working group. 
Subtitle G—Quantum Networking and Communications 
Sec. 10661. Quantum networking and communications. 
Subtitle H—Blockchain Specialist 
Sec. 10671. Establishment of blockchain and cryptocurrency specialist position 
within OSTP. 
Subtitle I—Partnerships for Energy Security and Innovation 
Sec. 10691. Foundation for Energy Security and Innovation. 
Subtitle J—Energizing Technology Transfer 
Sec. 10701. Definitions. 
PART 1—NATIONAL CLEAN ENERGY TECHNOLOGY TRANSFER PROGRAMS 
Sec. 10713. National clean energy incubator program. 
Sec. 10714. Clean energy technology university prize competition. 
Sec. 10715. Clean energy technology transfer coordination. 
PART 2—SUPPORTING TECHNOLOGY DEVELOPMENT AT THE NATIONAL 
LABORATORIES 
Sec. 10716. Lab partnering service pilot program. 
Sec. 10717. Lab-embedded entrepreneurship program. 
Sec. 10718. Small business voucher program. 
Sec. 10719. Entrepreneurial leave program. 
Sec. 10720. National Laboratory non-Federal employee outside employment au-
thority. 
PART 3—DEPARTMENT OF ENERGY MODERNIZATION 
Sec. 10722. Office of Technology Transitions. 
Sec. 10723. Management of Department of Energy demonstration projects. 
Sec. 10724. Streamlining prize competitions. 
Sec. 10725. Cost-share waiver extension.
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Sec. 10726. Special hiring authority for scientific, engineering, and project man-
agement personnel. 
Sec. 10727. Technology transfer reports and evaluation. 
Subtitle K—Micro Act 
Sec. 10731. Microelectronics research for energy innovation. 
Subtitle L—National Nuclear University Research Infrastructure Reinvestment 
Sec. 10741. Short title. 
Sec. 10742. Purposes. 
Sec. 10743. University infrastructure collaboration. 
Sec. 10744. Advanced nuclear research infrastructure enhancement subprogram. 
Sec. 10745. Science education and human resources scholarships, fellowships, and 
research and development projects. 
Subtitle M—Steel Upgrading Partnerships and Emissions Reduction 
Sec. 10751. Low-emissions steel manufacturing research program. 
Subtitle N—Applied Laboratories Infrastructure Restoration and Modernization 
Sec. 10761. Applied laboratories infrastructure restoration and modernization. 
Subtitle O—Department of Energy Research, Development, and Demonstration 
Activities 
Sec. 10771. Department of Energy research, development, and demonstration ac-
tivities. 
Subtitle P—Fission for the Future 
Sec. 10781. Advanced nuclear technologies Federal research, development, and 
demonstration program. 
TITLE VII—NATIONAL AERONAUTICS AND SPACE ADMINISTRATION 
AUTHORIZATION ACT 
Sec. 10801. Short title. 
Sec. 10802. Definitions. 
Subtitle A—Exploration 
Sec. 10811. Moon to Mars. 
Sec. 10812. Space Launch System configurations. 
Sec. 10813. Rocket engine test infrastructure. 
Sec. 10814. Pearl River maintenance. 
Sec. 10815. Extension and modification relating to International Space Station. 
Sec. 10816. Priorities for International Space Station. 
Sec. 10817. Technical amendments relating to Artemis missions. 
Subtitle B—Science 
Sec. 10821. Science priorities. 
Sec. 10822. Search for life. 
Sec. 10823. Next generation of astrophysics great observatories. 
Sec. 10824. Earth science missions and programs. 
Sec. 10825. Planetary Defense Coordination Office.
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Subtitle C—Aeronautics 
Sec. 10831. Experimental aircraft projects. 
Sec. 10832. Unmanned aircraft systems. 
Sec. 10833. Cleaner, quieter airplanes. 
Subtitle D—Space Technology 
Sec. 10841. Space nuclear capabilities. 
Sec. 10842. Prioritization of low-enriched uranium technology. 
Subtitle E—STEM Engagement 
Sec. 10851. Office of STEM Engagement. 
Subtitle F—Miscellaneous 
Sec. 10861. Program, workforce, and industrial base reviews. 
Sec. 10862. Modification of lease of non-excess property. 
DIVISION C—SUPPLEMENTAL APPROPRIATIONS TO ADDRESS 
THREATS TO THE SUPREME COURT OF THE UNITED STATES 
SEC. 2. REFERENCES. 
Except as expressly provided otherwise, any reference 
to ‘‘this Act’’ contained in any division of this Act shall 
be treated as referring only to the provisions of that divi-
sion. 
DIVISION A—CHIPS ACT OF 2022 
SEC. 101. SHORT TITLE. 
This division may be cited as the ‘‘CHIPS Act of 
2022’’. 
SEC. 102. CREATING HELPFUL INCENTIVES TO PRODUCE 
SEMICONDUCTORS 
(CHIPS) 
FOR 
AMERICA 
FUND. 
(a) CHIPS FOR AMERICA FUND.— 
(1) ESTABLISHMENT.—There is established in 
the Treasury of the United States a fund to be known 
as the ‘‘Creating Helpful Incentives to Produce Semi-
† HR 4346 EAS2 
conductors (CHIPS) for America Fund’’ (referred to 
in this subsection as the ‘‘Fund’’) for the Secretary of 
Commerce to carry out sections 9902, 9904, and 9906 
of the William M. (Mac) Thornberry National Defense 
Authorization Act for Fiscal Year 2021 (15 U.S.C. 
4652, 4654, and 4656; Public Law 116–283). 
Amounts in the Fund to carry out sections 9904 and 
9906 of Public Law 116–283 shall be transferred to 
and merged with accounts within the Department of 
Commerce to be used for such purposes, except that 
amounts transferred to carry out section 9904 of Pub-
lic Law 116–283 shall remain available until Sep-
tember 30, 2025. 
(2) APPROPRIATION.— 
(A) In addition to amounts otherwise avail-
able for such purposes, there is appropriated to 
the Fund established in subsection (a)(1), out of 
amounts in the Treasury not otherwise appro-
priated— 
(i) 
for 
fiscal 
year 
2022, 
$24,000,000,000, to remain available until 
expended, of which $19,000,000,000 shall be 
for section 9902 of Public Law 116–283, 
$2,000,000,000 shall be for subsection (c) of 
section 9906 of Public Law 116–283,
† HR 4346 EAS2 
$2,500,000,000 shall be for subsection (d) of 
section 9906 of Public Law 116–283, and 
$500,000,000 shall be for subsections (e) and 
(f) of section 9906 of Public Law 116–283; 
(ii) 
for 
fiscal 
year 
2023, 
$7,000,000,000 to remain available until 
expended, of which $5,000,000,000 shall be 
for section 9902 of Public Law 116–283 and 
$2,000,000,000 shall be for subsections (c), 
(d), (e), and (f) of section 9906 of Public 
Law 116–283; 
(iii) 
for 
fiscal 
year 
2024, 
$6,300,000,000, to remain available until 
expended, of which $5,000,000,000 shall be 
for section 9902 of Public Law 116–283 and 
$1,300,000,000 shall be for subsections (c), 
(d), (e), and (f) of section 9906 of Public 
Law 116–283; 
(iv) 
for 
fiscal 
year 
2025, 
$6,100,000,000, to remain available until 
expended, of which $5,000,000,000 shall be 
for section 9902 of Public Law 116–283 and 
$1,100,000,000 shall be for subsections (c), 
(d), (e), and (f) of section 9906 of Public 
Law 116–283; and
† HR 4346 EAS2 
(v) 
for 
fiscal 
year 
2026, 
$6,600,000,000, to remain available until 
expended, of which $5,000,000,000 shall be 
for section 9902 of Public Law 116– 283 
and $1,600,000,000 shall be for subsections 
(c), (d), (e), and (f) of section 9906 of Pub-
lic Law 116–283. 
(B) DIRECT
LOANS
AND
LOAN
GUARAN-
TEES.—The Secretary of Commerce may use— 
(i) 
up 
to 
$6,000,000,000 
of 
the 
amounts made available for fiscal year 2022 
for section 9902 of Public Law 116–283 for 
the cost of direct loans and loan guarantees, 
as authorized by section 9902 of Public Law 
116–283, provided that— 
(I) such costs, including the cost 
of modifying such loans and loan guar-
antees shall be as defined in section 
502 of the Congressional Budget Act of 
1974; and 
(II) these funds are available to 
subsidize gross obligations for the prin-
cipal amount of direct loans and total 
loan principal, any part of which is to
† HR 4346 EAS2 
be 
guaranteed, 
not 
to 
exceed 
$75,000,000,000; 
(ii) up to 2 percent of the amounts 
made available in each fiscal year for sala-
ries and expenses, administration, and over-
sight purposes to carry out sections 9902 
and 9906 of Public Law 116–283, of which 
$5,000,000 in each of fiscal years 2022 
through 2026 shall be transferred to the Of-
fice of Inspector General of the Department 
of Commerce to oversee expenditures from 
the Fund; and 
(iii) up to $2,300,000 of the amounts 
made available in fiscal year 2022 to carry 
out section 9904 of Public Law 116–283. 
(3) ASSISTANCE
FOR
MATURE
TECHNOLOGY 
NODES.—Of the amount available in fiscal year 2022 
to implement section 9902 of the William M. (Mac) 
Thornberry National Defense Authorization Act for 
Fiscal Year 2021 (15 U.S.C. 4652), $2,000,000,000 
shall be to provide Federal financial assistance to cov-
ered entities to incentivize investment in facilities 
and equipment in the United States for the fabrica-
tion, assembly, testing, or packaging of semiconduc-
† HR 4346 EAS2 
tors at mature technology nodes under subsection (e) 
of that section, as added by section 103 of this Act. 
(4) ALLOCATION AUTHORITY.— 
(A) SUBMISSION OF COST ESTIMATES.—The 
President shall submit to Congress detailed ac-
count, program, and project allocations of the 
full amount made available under subsection 
(a)(2)— 
(i) for fiscal years 2022 and 2023, not 
later than 60 days after the date of enact-
ment of this Act; and 
(ii) for each subsequent fiscal year 
through 2026, as part of the annual budget 
submission of the President under section 
1105(a) of title 31, United States Code. 
(B) ALTERNATE ALLOCATION.— 
(i) IN GENERAL.—The Committees on 
Appropriations of the House of Representa-
tives and the Senate may provide for alter-
nate allocation of amounts made available 
under subsection (a)(2), including by ac-
count, program, and project. 
(ii) ALLOCATION BY PRESIDENT.— 
(I) 
NO
ALTERNATE
ALLOCA-
TIONS.—If Congress has not enacted
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legislation establishing alternate allo-
cations, including by account, pro-
gram, and project, by the date on 
which the Act making full-year appro-
priations for the Departments of Com-
merce and Justice, Science, and Re-
lated Agencies for the applicable fiscal 
year is enacted into law, only then 
shall amounts made available under 
subsection (a)(2) be allocated by the 
President or apportioned or allotted by 
account, program, and project pursu-
ant to title 31, United States Code. 
(II) 
INSUFFICIENT
ALTERNATE 
ALLOCATION.—If Congress enacts legis-
lation establishing alternate alloca-
tions, including by account, program, 
and project, for amounts made avail-
able under subsection (a)(2) that are 
less than the full amount appropriated 
under that subsection, the difference be-
tween the amount appropriated and 
the alternate allocation shall be allo-
cated by the President and apportioned 
and allotted by account, program, and
† HR 4346 EAS2 
project pursuant to title 31, United 
States Code. 
(b) CHIPS FOR AMERICA DEFENSE FUND.— 
(1) ESTABLISHMENT.—There is established in 
the Treasury of the United States a fund to be known 
as the ‘‘Creating Helpful Incentives to Produce Semi-
conductors (CHIPS) for America Defense Fund’’ (re-
ferred to in this subsection as the ‘‘Fund’’) to provide 
for those requirements that are necessary to carry out 
section 9903(b) of the William M. (Mac) Thornberry 
National Defense Authorization Act for Fiscal Year 
2021 (15 U.S.C. 4653(b)). Amounts in the Fund shall 
be transferred to and merged with accounts within the 
Department of Defense to be used for such purposes. 
Amounts in the Fund or transferred to and merged 
with accounts within the Department of Defense may 
not be used for construction of facilities. 
(2) APPROPRIATION.—In addition to amounts 
otherwise available for such purposes, there is appro-
priated to the Fund established in subsection (b)(1), 
out of amounts in the Treasury not otherwise appro-
priated— 
(A) for fiscal year 2023, $400,000,000, to 
remain available until September 30, 2023;
† HR 4346 EAS2 
nate allocation of amounts made available 
under subsection (b)(2), including by ac-
count, program element, and project. 
(ii) ALLOCATION BY PRESIDENT.— 
(I) 
NO
ALTERNATE
ALLOCA-
TIONS.—If Congress has not enacted 
legislation establishing alternate allo-
cations, including by account, program 
element, and project, by the date on 
which the Act making full-year appro-
priations for the Department of De-
fense for the applicable fiscal year is 
enacted into law, only then shall 
amounts made available under sub-
section (b)(2) be allocated by the Presi-
dent or apportioned or allotted by ac-
count, program element, and project 
pursuant to title 31, United States 
Code. 
(II) 
INSUFFICIENT
ALTERNATE 
ALLOCATION.—If Congress enacts legis-
lation establishing alternate alloca-
tions, including by account, program 
element, and project, for amounts made 
available under subsection (b)(2) that
† HR 4346 EAS2 
are less than the full amount appro-
priated under that subsection, the dif-
ference between the amount appro-
priated and the alternate allocation 
shall be allocated by the President and 
apportioned and allotted by account, 
program element, and project pursuant 
to title 31, United States Code. 
(c) CHIPS FOR AMERICA INTERNATIONAL TECH-
NOLOGY SECURITY AND INNOVATION FUND.— 
(1) ESTABLISHMENT.—There is established in 
the Treasury of the United States a fund to be known 
as the ‘‘Creating Helpful Incentives to Produce Semi-
conductors (CHIPS) for America International Tech-
nology Security and Innovation Fund’’ (referred to in 
this subsection as the ‘‘Fund’’) to provide for inter-
national information and communications technology 
security and semiconductor supply chain activities, 
including to support the development and adoption of 
secure and trusted telecommunications technologies, 
secure semiconductors, secure semiconductors supply 
chains, and other emerging technologies and to carry 
out sections 9905 and 9202(a)(2) of the William M. 
(Mac) Thornberry National Defense Authorization Act 
for Fiscal Year 2021 (15 U.S.C. 4655 and 47 U.S.C.
† HR 4346 EAS2 
906(a)(2)), as appropriate. Amounts in the Fund 
shall be transferred by the Secretary of State to ac-
counts within the Department of State, the United 
States Agency for International Development, the Ex-
port-Import Bank, and the United States Inter-
national Development Finance Corporation, as ap-
propriate, to be used for such purposes and under the 
terms and conditions of the account to which trans-
ferred. 
(2) APPROPRIATION.— 
(A) In addition to amounts otherwise avail-
able for such purposes, there is appropriated to 
the Fund established in subsection (c)(1), out of 
amounts in the Treasury not otherwise appro-
priated— 
(i) for fiscal year 2023, $100,000,000, 
to remain available until September 30, 
2027; 
(ii) for fiscal year 2024, $100,000,000, 
to remain available until September 30, 
2028; 
(iii) for fiscal year 2025, $100,000,000, 
to remain available until September 30, 
2029;
† HR 4346 EAS2 
(iv) for fiscal year 2026, $100,000,000, 
to remain available until September 30, 
2030; and 
(v) for fiscal year 2027, $100,000,000, 
to remain available until September 30, 
2031. 
(B) USE.—In carrying out this subsection, 
the Secretary of State may use up to $5,000,000 
of the amounts made available in each fiscal 
year for the Fund for salaries and expenses, ad-
ministration, and oversight purposes, of which 
$500,000 in each of fiscal years 2023 through 
2027 shall be transferred to the Office of Inspec-
tor General of the Department of State to oversee 
expenditures under the Fund. 
(3) ALLOCATION AUTHORITY.— 
(A) SUBMISSION OF COST ESTIMATES.—The 
President shall submit to Congress detailed ac-
count, program, project, and activity allocations 
of the full amount made available under sub-
section (c)(2)— 
(i) for fiscal year 2023, not later than 
90 days after the date of enactment of this 
Act; and
† HR 4346 EAS2 
(ii) for each subsequent fiscal year 
through 2027, as part of the annual budget 
submission of the President under section 
1105(a) of title 31, United States Code. 
(B) ALTERNATE ALLOCATION.— 
(i) IN GENERAL.—The Committees on 
Appropriations of the House of Representa-
tives and the Senate may provide for alter-
nate allocation of amounts made available 
under subsection (c)(2), including by ac-
count, program, project, and activity. 
(ii) ALLOCATION BY PRESIDENT.— 
(I) 
NO
ALTERNATE
ALLOCA-
TIONS.—If Congress has not enacted 
legislation establishing alternate allo-
cations, including by account, pro-
gram, project, and activity, by the date 
on which the Act making full-year ap-
propriations for the Department of 
State, Foreign Operations, and Related 
Programs for the applicable fiscal year 
is enacted into law, only then shall 
amounts made available under sub-
section (c)(2) be allocated by the Presi-
dent or apportioned or allotted by ac-
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count, program, project, and activity 
pursuant to title 31, United States 
Code. 
(II) 
INSUFFICIENT
ALTERNATE 
ALLOCATION.—If Congress enacts legis-
lation establishing alternate alloca-
tions, including by account, program, 
project, and activity, for amounts 
made available under subsection (c)(2) 
that are less than the full amount ap-
propriated under that subsection, the 
difference between the amount appro-
priated and the alternate allocation 
shall be allocated by the President and 
apportioned and allotted by account, 
program, project, and activity pursu-
ant to title 31, United States Code. 
(d) CREATING HELPFUL INCENTIVES TO PRODUCE 
SEMICONDUCTORS (CHIPS) FOR AMERICA WORKFORCE 
AND EDUCATION FUND.— 
(1) ESTABLISHMENT.—There is established in 
the Treasury of the United States a fund to be known 
as the ‘‘Creating Helpful Incentives to Produce Semi-
conductors (CHIPS) for America Workforce and Edu-
cation Fund’’ (referred to in this subsection as the
† HR 4346 EAS2 
‘‘Fund’’) for the National Science Foundation for 
microelectronics workforce development activities to 
meet the requirements under section 9906 of the Wil-
liam M. (Mac) Thornberry National Defense Author-
ization Act for Fiscal Year 2021 (15 U.S.C. 4656). 
(2) APPROPRIATION.—In addition to amounts 
otherwise available for such purposes, there is appro-
priated to the Fund established in subsection (d)(1), 
out of amounts in the Treasury not otherwise appro-
priated— 
(A) for fiscal year 2023, $25,000,000, to re-
main available until expended; 
(B) for fiscal year 2024, $25,000,000, to re-
main available until expended; 
(C) for fiscal year 2025, $50,000,000, to re-
main available until expended; 
(D) for fiscal year 2026, $50,000,000, to re-
main available until expended; and 
(E) for fiscal year 2027, $50,000,000, to re-
main available until expended. 
(3) ALLOCATION AUTHORITY.— 
(A) SUBMISSION OF COST ESTIMATES.—The 
President shall submit to Congress detailed ac-
count, program, and project allocations of the
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‘‘Continuing Fund, Southwestern Power Administration 
(89–5649–0–2–271).’’ the following: 
‘‘Creating Helpful Incentives to Produce 
Semiconductors (CHIPS) for America Fund. 
‘‘Creating Helpful Incentives to Produce 
Semiconductors (CHIPS) for America Defense 
Fund. 
‘‘Creating Helpful Incentives to Produce 
Semiconductors (CHIPS) for America Inter-
national Technology Security and Innovation 
Fund. 
‘‘Creating Helpful Incentives to Produce 
Semiconductors (CHIPS) for America Workforce 
and Education Fund’’. 
(f) BUDGETARY EFFECTS.— 
(1) STATUTORY PAYGO SCORECARDS.—The budg-
etary effects of this section shall not be entered on ei-
ther PAYGO scorecard maintained pursuant to sec-
tion 4(d) of the Statutory Pay-As-You-Go Act of 2010 
(2 U.S.C. 933(d)). 
(2) SENATE
PAYGO
SCORECARDS.—The budg-
etary effects of this section shall not be entered on any 
PAYGO scorecard maintained for purposes of section 
4106 of H. Con. Res. 71 (115th Congress).
† HR 4346 EAS2 
(3) CLASSIFICATION OF BUDGETARY EFFECTS.— 
Notwithstanding Rule 3 of the Budget Scorekeeping 
Guidelines set forth in the joint explanatory statement 
of the committee of conference accompanying Con-
ference Report 105–217 and section 250(c)(8) of the 
Balanced Budget and Emergency Deficit Control Act 
of 1985, the budgetary effects of this section shall not 
be estimated— 
(A) for purposes of section 251 of such Act; 
(B) for purposes of an allocation to the 
Committee on Appropriations pursuant to sec-
tion 302(a) of the Congressional Budget Act of 
1974; and 
(C) for purposes of paragraph (4)(C) of sec-
tion 3 of the Statutory Pay-As-You-Go Act of 
2010 as being included in an appropriation Act. 
(g) LIMITATION
ON USING AMOUNTS
FOR STOCK 
BUYBACKS OR THE PAYMENT OF DIVIDENDS.— 
(1) IN GENERAL.—A person receiving amounts 
appropriated under this section or from a covered 
fund may not use such amounts, as determined using 
the criteria for eligible uses of amounts under sections 
9902(a)(4) and 9905(a)(4) of the William M. (Mac) 
Thornberry National Defense Authorization Act for 
Fiscal Year 2021 (15 U.S.C. 4652(a)(4), 15 U.S.C.
† HR 4346 EAS2 
4655(a)(4)), the activities under section 9903(b) of 
such Act (15 U.S.C. 4653(b)), and the functions under 
9906(c)(2) of such Act (15 U.S.C. 4656(c)(2)) — 
(A) to purchase an equity security that is 
listed on a national securities exchange of such 
person or any parent company of such person; or 
(B) to pay dividends or make other capital 
distributions with respect to the common stock 
(or equivalent interest) of the person. 
(2) COVERED
FUND.—In this subsection, the 
term ‘‘covered fund’’ means— 
(A) the Creating Helpful Incentives to 
Produce Semiconductors (CHIPS) for America 
Fund; 
(B) the Creating Helpful Incentives to 
Produce Semiconductors (CHIPS) for America 
Defense Fund; 
(C) the Creating Helpful Incentives to 
Produce Semiconductors (CHIPS) for America 
International Technology Security and Innova-
tion Fund; and 
(D) the Creating Helpful Incentives to 
Produce Semiconductors (CHIPS) for America 
Workforce and Education Fund.
† HR 4346 EAS2 
SEC. 103. SEMICONDUCTOR INCENTIVES. 
(a) DEFINITIONS.—Section 9901 of the William M. 
(Mac) Thornberry National Defense Authorization Act for 
Fiscal Year 2021 (15 U.S.C. 4651) is amended— 
(1) in paragraph (2)— 
(A) by striking ‘‘a private entity, a consor-
tium of private entities, or a consortium of pub-
lic and private entities’’ and inserting ‘‘a non-
profit entity, a private entity, a consortium of 
private entities, or a consortium of nonprofit, 
public, and private entities’’; 
(B) by inserting ‘‘production,’’ before ‘‘or 
research and development’’; and 
(C) by striking ‘‘of semiconductors.’’ and 
inserting ‘‘of semiconductors, materials used to 
manufacture semiconductors, or semiconductor 
manufacturing equipment.’’; 
(2) by redesignating paragraphs (5), (6), (7), 
(8), and (9) as paragraphs (6), (8), (9), (12), and 
(13), respectively; 
(3) by inserting after paragraph (4), the fol-
lowing: 
‘‘(5) The term ‘critical manufacturing indus-
try’—
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respect to any credit determined under sub-
section (a) with respect to such property. 
‘‘(B) 
ELECTIONS.—Any 
election 
under 
paragraph (1) shall be made not later than the 
due date (including extensions of time) for the 
return of tax for the taxable year for which the 
election is made, but in no event earlier than 
270 days after the date of the enactment of this 
section. Any such election, once made, shall be 
irrevocable. Except as otherwise provided in this 
subparagraph, any election under paragraph (1) 
shall apply with respect to any credit for the 
taxable year for which the election is made. 
‘‘(C) TIMING.—The payment described in 
paragraph (1) shall be treated as made on the 
later of the due date (determined without regard 
to extensions) of the return of tax for the taxable 
year or the date on which such return is filed. 
‘‘(D) TREATMENT OF PAYMENTS TO PART-
NERSHIPS AND S CORPORATIONS.—For purposes 
of section 1324 of title 31, United States Code, 
the payments under subparagraph (A)(i)(I) shall 
be treated in the same manner as a refund due 
from a credit provision referred to in subsection 
(b)(2) of such section.