SEMI Investment Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 1642 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 1642 To amend the Internal Revenue Code of 1986 to expand the advanced manufacturing investment credit to include materials integral to semiconductor manufacturing. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES May 7, 2025 Mrs. Blackburn (for herself, Mr. Bennet, Mr. Tillis, and Mr. Coons) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to expand the advanced manufacturing investment credit to include materials integral to semiconductor manufacturing. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Strengthening Essential Manufacturing and Industrial Investment Act'' or the ``SEMI Investment Act''. SEC. 2. EXPANSION OF ADVANCED MANUFACTURING INVESTMENT CREDIT. (a) In General.--Paragra…