The civic record
Read. Follow. Verify.Chip EQUIP Act of 2024
Record date · June 18, 2024
Track this bill to get notified when it advances a stage. One tap to stop, anytime.
What This Bill Would Do
This bill prohibits companies that receive federal semiconductor funding from using that money to purchase specific types of manufacturing equipment made by foreign entities of concern. It establishes strict definitions for 'ineligible equipment' and creates a waiver process for cases where such equipment is unavailable from U.S. or allied sources or is deemed necessary for national security.
Companies receiving federal semiconductor subsidies will face new restrictions on their supply chains, potentially impacting their procurement costs and equipment sourcing strategies to ensure compliance with national security standards.
Who It Would Affect
Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.
Semiconductor manufacturers receiving federal funds
These companies must adhere to new procurement restrictions on manufacturing equipment or risk violating their federal assistance agreements.
Foreign semiconductor equipment manufacturers
These entities are designated as sources of 'ineligible equipment,' which may limit their ability to sell to U.S.-subsidized semiconductor projects.
Key Facts
You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.
Frequently Asked Questions
What equipment is considered 'ineligible' under this bill?
Can a company ever use this restricted equipment?
What else do you want to know?
News Coverage
Follow the record
Votes, people, money & the original sourceWhere This Stands
Currently filed. The next step in the legislative lifecycle is Committee.
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Connected Entities
Sources
www.congress.gov
Analysis Score
0–100- Significance85How much this matters to a regular citizen
- Controversy40Intensity of disagreement among stakeholders
- Entertainment10Compellingness for a non-policy-wonk reader
- Buzz30Current news / social attention level
Publisher tools