Information Technology Industry Council
NISTRulemakingNIST-2023-0001

Preventing the Improper Use of CHIPS Act Funding

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Last modified
Aug 26, 2024
Comment window
closed 1163d ago
Information Technology Industry Council filings
1

Activity

Information Technology Industry Council filed 1 comment on this docket between May 22, 2023 and May 22, 2023. 2 other organizations filed here. The comment window closed 1163d ago.

What Information Technology Industry Council filed (1)

May 22, 2023· Comment from Information Technology Industry Council· NIST-2023-0001-0015

Filed on regulations.gov — full text not in the inline record.

Abstract

The CHIPS Act (the Act) established an incentives program to reestablish and sustain U.S. leadership across the semiconductor supply chain. To ensure that funding provided through this program does not directly or indirectly benefit foreign countries of concern, the Act includes certain limitations on funding recipients, such as prohibiting engagement in certain significant transactions involving the material expansion of semiconductor manufacturing capacity in foreign countries of concern and prohibiting certain joint research or technology licensing efforts with foreign entities of concern. The Department of Commerce (Department) is issuing, and requesting public comments on, a proposed rule to set forth terms related to these limitations and procedures for funding recipients to notify the Secretary of Commerce (Secretary) of any planned significant transactions that may be prohibited.

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Preventing the Improper Use of CHIPS Act Funding (NIST) — Information Technology Industry Council | OpenPolis