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H.R. 7104

BillFederalHouseIn Committee
To amend the Internal Revenue Code of 1986 to establish the semiconductor manufacturing investment credit.
About This Bill
Committee
Latest Action · March 16, 2022
Referred to the House Committee on Ways and Means.
Congress
117th (2021–2023)
Introduced
March 16, 2022
Cosponsors (22)
9D 13R
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Summary

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Facilitating American-Built Semiconductors Act or the FABS Act This bill allows a new tax credit through 2032 for investment in any semiconductor manufacturing facility and for semiconductor design expenditures.

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