Chip EQUIP Act of 2024

Where This Stands

Introduced

Committee

Floor Vote

Passed

Signed

Currently IN_COMMITTEE. The next step in the legislative lifecycle is Floor Vote.

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 →

The Frame

What this does

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 is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

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.

What changed

Current stage: IN_COMMITTEE.

What's next

Floor Vote.

Summary

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.

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.

Why It Matters

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.

Frequently Asked Questions

What equipment is considered 'ineligible' under this bill?

Ineligible equipment refers to fully assembled semiconductor manufacturing tools, such as lithography, etching, and , produced by foreign entities of concern.

Can a company ever use this restricted equipment?

Yes, the Secretary may grant a waiver if the equipment is unavailable from U.S. or allied sources, or if the use complies with export regulations and is deemed in the national security interest.

News Coverage

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Connected Entities

bill_number9901“Section of the National Defense Authorization Act”Map →

organizationDirector of National Intelligence“Consulted in waiver decisions”Map →

personKelly, Mr.“Introducer of the bill”Map →

organizationSecretary of Defense“Consulted in waiver decisions”Map →

bill_number9907“Section of the National Defense Authorization Act”Map →

otherExport Administration Regulations“Regulations governing export controls”Map →

personBlackburn, Mrs.“Co-sponsor of the bill”Map →

personThornberry, William M. (Mac)“Name of the National Defense Authorization Act”Map →

bill_number9902“Section of the National Defense Authorization Act”Map →

Analysis Score

0–100

Significance85
How much this matters to a regular citizen
Controversy40
Intensity of disagreement among stakeholders
Entertainment10
Compellingness for a non-policy-wonk reader
Buzz30
Current news / social attention level