I 
117TH CONGRESS 
2D SESSION 
H. R. 7677 
To provide incentives for the domestic production of printed circuit boards, 
and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 6, 2022 
Ms. ESHOO (for herself and Mr. MOORE of Utah) introduced the following bill; 
which was referred to the Committee on Ways and Means, and in addi-
tion to the Committees on Energy and Commerce, and Science, Space, 
and Technology, for a period to be subsequently determined by the 
Speaker, in each case for consideration of such provisions as fall within 
the jurisdiction of the committee concerned 
A BILL 
To provide incentives for the domestic production of printed 
circuit boards, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Supporting American 
Printed Circuit Boards Act of 2022’’. 
VerDate Sep 11 2014 
04:05 May 07, 2022
Jkt 000000
PO 00000
Frm 00001
Fmt 6652
Sfmt 6201
E:\BILLS\H7677.IH
H7677
pbinns on DSKJLVW7X2PROD with $$_JOB
SEC. 2. TAX CREDIT FOR THE PURCHASE OR ACQUISITION 
OF PRINTED CIRCUIT BOARDS MANUFAC-
TURED IN THE UNITED STATES. 
(a) IN GENERAL.—Subpart D of part IV of sub-
chapter A of chapter 1 of the Internal Revenue Code of 
1986 is amended by inserting after section 45L the fol-
lowing new section: 
‘‘SEC. 45M. CREDIT FOR THE PURCHASE OR ACQUISITION 
OF PRINTED CIRCUIT BOARDS MANUFAC-
TURED IN THE UNITED STATES. 
‘‘(a) IN GENERAL.—For the purposes of section 38, 
the credit determined under this section for the taxable 
year is an amount equal to 25 percent of the cost paid 
or incurred by the taxpayer for the purchase or acquisition 
of printed circuit boards manufactured in the United 
States for the taxable year. 
‘‘(b) DEFINITIONS.—For the purposes of this sec-
tion— 
‘‘(1) PRINTED
CIRCUIT
BOARD.—The term 
‘printed circuit board’ has the meaning given such 
term in section 3(a) of the Supporting American 
Printed Circuit Boards Act of 2022. 
‘‘(2) MANUFACTURED.—The term ‘manufac-
tured’ means all substantial actions involved in the 
printing of a printed circuit board from raw mate-
VerDate Sep 11 2014 
04:05 May 07, 2022
Jkt 000000
PO 00000
Frm 00002
Fmt 6652
Sfmt 6201
E:\BILLS\H7677.IH
H7677
pbinns on DSKJLVW7X2PROD with $$_JOB
rials to the integration of the completed board into 
an end item or component of an end item. 
‘‘(c) REGULATIONS AND GUIDANCE.—The Secretary 
shall, in consultation with the Secretary of Commerce, 
promulgate such regulations and guidance as may be nec-
essary or appropriate to carry out this section.’’. 
(b) CONFORMING AMENDMENT.— 
(1) IN
GENERAL.—The table of sections for 
subpart D of part IV of subchapter A of chapter 1 
of such Code is amended by inserting after the item 
relating to section 45L the following new item: 
‘‘Sec. 45M. Credit for the purchase or acquisition of printed circuit boards 
manufactured in the United States.’’. 
(2) 
GENERAL
BUSINESS
CREDIT.—Section 
38(b) of the Internal Revenue Code of 1986 is 
amended— 
(A) in paragraph (32), by striking ‘‘plus’’; 
(B) in paragraph (33), by striking the pe-
riod at the end and inserting ‘‘, plus’’; and 
(C) by adding at the end the following new 
paragraph: 
‘‘(34) the credit for the purchase or acquisition 
of printed circuit boards manufactured in the United 
States determined under section 45M.’’. 
VerDate Sep 11 2014 
04:05 May 07, 2022
Jkt 000000
PO 00000
Frm 00003
Fmt 6652
Sfmt 6201
E:\BILLS\H7677.IH
H7677
pbinns on DSKJLVW7X2PROD with $$_JOB
(c) EFFECTIVE DATE.—The amendments made by 
this section shall apply to amounts paid or incurred after 
December 31, 2021. 
SEC. 3. INCENTIVES FOR PRINTED CIRCUIT BOARD MANU-
FACTURING AND RESEARCH AND DEVELOP-
MENT. 
(a) DEFINITIONS.—In this section: 
(1) CIRCUIT BOARD.—The term ‘‘circuit board’’ 
means a piece of insulating material on which elec-
trical components are mounted and interconnected 
by etched copper foil so patterned as to form a cir-
cuit. 
(2) COVERED ENTITY.—The term ‘‘covered en-
tity’’ means a private entity, a consortium of private 
entities, or a consortium of public and private enti-
ties with the ability to substantially finance, con-
struct, expand, or modernize a facility relating to 
manufacturing or research and development of print-
ed circuit boards. 
(3) COVERED INCENTIVE.—The term ‘‘covered 
incentive’’ means— 
(A) an incentive used for the purposes of 
constructing, expanding, or modernizing a facil-
ity described in paragraph (2) that will be lo-
cated in the United States; and 
VerDate Sep 11 2014 
04:05 May 07, 2022
Jkt 000000
PO 00000
Frm 00004
Fmt 6652
Sfmt 6201
E:\BILLS\H7677.IH
H7677
pbinns on DSKJLVW7X2PROD with $$_JOB
(B) a workforce-related incentive (includ-
ing an agreement to provide grants for work-
force training or vocational education), any con-
cession with respect to real property, funding 
for research and development with respect to 
printed circuit boards, and any other incentive 
determined by the Secretary, in consultation 
with the Secretary of State, to be appropriate 
and related to encouraging investment in facili-
ties and equipment in the United States for 
manufacturing or research and development of 
printed circuit boards. 
(4) 
ECONOMICALLY
DISADVANTAGED
INDI-
VIDUAL.—The term ‘‘economically disadvantaged in-
dividual’’ means an individual described in section 
8(a)(6)(A) of the Small Business Act (15 U.S.C. 
637(a)(6)(A)). 
(5) FOREIGN
ENTITY; FOREIGN
ENTITY
OF 
CONCERN.—The terms ‘‘foreign entity’’ and ‘‘foreign 
entity of concern’’ have the meanings given such 
terms in section 9901 of the William M. (Mac) 
Thornberry National Defense Authorization Act for 
Fiscal Year 2021 (Public Law 116–283; 15 U.S.C. 
4651). 
VerDate Sep 11 2014 
04:05 May 07, 2022
Jkt 000000
PO 00000
Frm 00005
Fmt 6652
Sfmt 6201
E:\BILLS\H7677.IH
H7677
pbinns on DSKJLVW7X2PROD with $$_JOB
(6) HISTORICALLY
BLACK
COLLEGE
OR
UNI-
VERSITY.—The term ‘‘historically Black college or 
university’’ has the meaning given the term ‘‘part B 
institution’’ in section 322 of the Higher Education 
Act of 1965 (20 U.S.C. 1061). 
(7) INSTITUTION OF HIGHER EDUCATION.—The 
term ‘‘institution of higher education’’ has the 
meaning given such term in section 101 of the High-
er Education Act of 1965 (20 U.S.C. 1001). 
(8) INTEGRATED
CIRCUIT
SUBSTRATE.—The 
term ‘‘integrated circuit substrate’’ means the sup-
porting material upon or within which an integrated 
circuit is fabricated or to which an integrated circuit 
is attached. 
(9) INTELLIGENCE
COMMUNITY.—The term 
‘‘intelligence community’’ has the meaning given 
that term in section 3 of the National Security Act 
of 1947 (50 U.S.C. 3003). 
(10) MINORITY-OWNED BUSINESS AND WOMEN- 
OWNED
BUSINESS.—The terms ‘‘minority-owned 
business’’ and ‘‘women-owned business’’ have the 
meanings given such terms in section 704B(h) of the 
Equal Credit Opportunity Act (15 U.S.C. 1691c– 
2(h)). 
VerDate Sep 11 2014 
00:57 May 10, 2022
Jkt 029200
PO 00000
Frm 00006
Fmt 6652
Sfmt 6201
E:\BILLS\H7677.IH
H7677
pbinns on DSKJLVW7X2PROD with $$_JOB
(11) MINORITY-SERVING
INSTITUTION.—The 
term ‘‘minority-serving institution’’ means any of 
the following: 
(A) An Alaska Native-serving institution 
(as that term is defined in section 317(b) of the 
Higher Education Act of 1965 (20 U.S.C. 
1059d(b))). 
(B) A Native Hawaiian-serving institution 
(as that term is defined in section 317(b) of 
such Act (20 U.S.C. 1059d(b))). 
(C) A Predominantly Black institution (as 
that term is defined in section 371(c) of such 
Act (20 U.S.C. 1067q(c))). 
(D) An Asian American and Native Amer-
ican Pacific Islander-serving institution (as that 
term is defined in section 320(b) of such Act 
(20 U.S.C. 1059g(b))). 
(E) A Native American-serving, nontribal 
institution (as that term is defined in section 
319(b) of such Act (20 U.S.C. 1059f(b))). 
(12) PERSON.—The term ‘‘person’’ means an 
individual or entity. 
(13) PRINTED
CIRCUIT
BOARD.—The term 
‘‘printed circuit board’’ means a circuit board on 
which a pattern of copper foil connecting the compo-
VerDate Sep 11 2014 
04:05 May 07, 2022
Jkt 000000
PO 00000
Frm 00007
Fmt 6652
Sfmt 6201
E:\BILLS\H7677.IH
H7677
pbinns on DSKJLVW7X2PROD with $$_JOB
nents has been etched or printed, including boards 
with printed circuits on both sides and boards with 
printed circuits on one side only, for the mounting 
of components on which most connections are made 
by printed circuitry. 
(14) PROGRAM.—The term ‘‘Program’’ means 
the program established under subsection (b)(1). 
(15) 
SECRETARY.—The 
term 
‘‘Secretary’’ 
means the Secretary of Commerce. 
(16) SMALL BUSINESS.—The term ‘‘small busi-
ness’’ has the meaning given the term ‘‘small busi-
ness concern’’ under section 3(a) of the Small Busi-
ness Act (15 U.S.C. 632(a)), except that section 
121.103 of title 13, Code of Federal Regulations (or 
any successor regulation) shall not apply. 
(17) STATE.—The term ‘‘State’’ means each 
State of the United States, the District of Columbia, 
each commonwealth, territory, or possession of the 
United States, and each federally recognized Indian 
Tribe. 
(18) VETERAN-OWNED
BUSINESS.—The term 
‘‘veteran-owned business’’ has the meaning given the 
term ‘‘small business concern owned and controlled 
by veterans’’ in section 3(q) of the Small Business 
Act (15 U.S.C. 632(q)). 
VerDate Sep 11 2014 
04:05 May 07, 2022
Jkt 000000
PO 00000
Frm 00008
Fmt 6652
Sfmt 6201
E:\BILLS\H7677.IH
H7677
pbinns on DSKJLVW7X2PROD with $$_JOB
(b) FINANCIAL ASSISTANCE PROGRAM.— 
(1) IN GENERAL.—The Secretary shall establish 
a program that, in accordance with the requirements 
of this section and subject to the availability of ap-
propriations for such purposes, provides Federal fi-
nancial assistance to covered entities to incentivize 
investment in facilities and equipment in the United 
States for manufacturing or research and develop-
ment of printed circuit boards. 
(2) PROCEDURE.— 
(A) IN GENERAL.—A covered entity shall 
submit to the Secretary an application that de-
scribes the project for which the covered entity 
is seeking financial assistance under the Pro-
gram. 
(B) ELIGIBILITY.—Except as provided in 
subparagraph (C), in order for a covered entity 
to qualify for financial assistance under the 
Program, the covered entity shall demonstrate 
to the Secretary, in the application submitted 
by the covered entity under subparagraph (A), 
that— 
(i) the covered entity has a docu-
mented interest in carrying out a project 
that is a covered incentive; and 
VerDate Sep 11 2014 
04:05 May 07, 2022
Jkt 000000
PO 00000
Frm 00009
Fmt 6652
Sfmt 6201
E:\BILLS\H7677.IH
H7677
pbinns on DSKJLVW7X2PROD with $$_JOB
(ii) with respect to the project de-
scribed in clause (i), the covered entity 
has— 
(I) a plan the Secretary deter-
mines to be executable to sustain the 
covered incentive described in clause 
(i) without additional Federal finan-
cial assistance under the Program for 
facility support; 
(II) made commitments to work-
er and community investment, includ-
ing through— 
(aa) training and education 
benefits provided by or paid for 
by the covered entity; and 
(bb) programs to expand 
employment opportunity for eco-
nomically disadvantaged individ-
uals; and 
(III) secured commitments from 
regional educational and training enti-
ties, postsecondary vocational institu-
tions (defined in section 102(c) of the 
Higher Education Act of 1965 (20 
U.S.C. 1002(c))), or institutions of 
VerDate Sep 11 2014 
04:05 May 07, 2022
Jkt 000000
PO 00000
Frm 00010
Fmt 6652
Sfmt 6201
E:\BILLS\H7677.IH
H7677
pbinns on DSKJLVW7X2PROD with $$_JOB
higher education to provide workforce 
training, including programming for 
training and job placement of eco-
nomically disadvantaged individuals. 
(C) SMALL
BUSINESS
EXCEPTION.—The 
requirements in subclauses (II) and (III) of 
subparagraph (B)(ii) do not apply to small 
businesses. 
(D) DUE DILIGENCE.—With respect to the 
review by the Secretary of an application sub-
mitted by a covered entity under subparagraph 
(A), the Secretary may not approve the applica-
tion unless the Secretary— 
(i) confirms that the covered entity 
has satisfied the applicable eligibility cri-
teria under subparagraph (B); and 
(ii) determines that the project to 
which the application relates is in the in-
terest of the United States. 
(E) CONSIDERATIONS FOR REVIEW.—— 
(i) IN GENERAL.—Except as provided 
in clause (ii), with respect to the review by 
the Secretary of an application submitted 
by a covered entity under subparagraph 
VerDate Sep 11 2014 
04:05 May 07, 2022
Jkt 000000
PO 00000
Frm 00011
Fmt 6652
Sfmt 6201
E:\BILLS\H7677.IH
H7677
pbinns on DSKJLVW7X2PROD with $$_JOB
(A), the Secretary shall consider whether 
the covered entity has— 
(I) previously received financial 
assistance under the Program; and 
(II) demonstrated that it is re-
sponsive to the national security needs 
or requirements established by the in-
telligence community (or an agency 
thereof), the National Nuclear Secu-
rity Administration, or the Depart-
ment of Defense. 
(ii) SMALL BUSINESSES EXCLUDED.— 
Clause (i)(I) does not apply with respect to 
an application submitted by a small busi-
ness under subparagraph (A). 
(F) PREFERENCES.—The Secretary shall, 
when practicable, give preference with respect 
to the approval of an application submitted 
under subparagraph (A) by a covered entity 
that— 
(i) is a small business, minority-owned 
business, women-owned business, or vet-
eran-owned business; 
VerDate Sep 11 2014 
04:05 May 07, 2022
Jkt 000000
PO 00000
Frm 00012
Fmt 6652
Sfmt 6201
E:\BILLS\H7677.IH
H7677
pbinns on DSKJLVW7X2PROD with $$_JOB
(ii) expands the United States produc-
tion capacity of integrated circuit sub-
strates; 
(iii) is relocating a manufacturing fa-
cility of printed circuit boards currently lo-
cated in an area owned by, controlled by, 
or subject to the jurisdiction or direction of 
a foreign entity of concern; or 
(iv) includes a workforce training pro-
gram that secures commitments from an 
institution of higher education that is— 
(I) a historically Black college or 
university; 
(II) a Hispanic-serving institu-
tion (as such term is defined in sec-
tion 502(a) of the Higher Education 
Act of 1965 (20 U.S.C. 1101a(a))); 
(III) a Tribal College or Univer-
sity (as such term is defined in sec-
tion 316(b) of the Higher Education 
Act of 1965 (20 U.S.C. 1059c(b))); 
(IV) a minority-serving institu-
tion; or 
(V) a rural-serving institution of 
higher education (as such term is de-
VerDate Sep 11 2014 
04:05 May 07, 2022
Jkt 000000
PO 00000
Frm 00013
Fmt 6652
Sfmt 6201
E:\BILLS\H7677.IH
H7677
pbinns on DSKJLVW7X2PROD with $$_JOB
fined in section 861(b) of the Higher 
Education Act of 1965 (20 U.S.C. 
1161q(b))). 
(G) FOREIGN ENTITIES OF CONCERN EX-
CLUSION.— 
(i) The Secretary may not approve an 
application of a covered entity if the Sec-
retary determines that the covered entity is 
a foreign entity of concern. 
(ii) None of the funds authorized to 
be appropriated to carry out this sub-
section may be provided to a foreign entity 
of concern. 
(H) RECORDS PRODUCTION.— 
(i) IN GENERAL.—The Secretary may 
request from a covered entity that submits 
an application under subparagraph (A) any 
records and other information that the 
Secretary determines necessary for the 
purposes of ascertaining whether an award 
under the Program will be used for the 
covered incentive for which such award is 
sought, including records or other informa-
tion regarding the status of such project. 
VerDate Sep 11 2014 
04:05 May 07, 2022
Jkt 000000
PO 00000
Frm 00014
Fmt 6652
Sfmt 6201
E:\BILLS\H7677.IH
H7677
pbinns on DSKJLVW7X2PROD with $$_JOB