H.R. 7104 · 117th Congress · House

FABS Act

Active· Referred to the House Committee on Ways and Means.
Introduced
Mar 16, 22
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

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.

Action Timeline

3
  1. MAR 16, 2022•IntroReferral

    Introduced in House

  2. MAR 16, 2022•IntroReferral

    Introduced in House

  3. MAR 16, 2022•IntroReferral

    Referred to the House Committee on Ways and Means.

Committees

1

Ways and Means Committee

hswm00

Referred: Mar 16, 2022

Active