Back to all bills
HR 6055119th CongressIn Committee
SEMI Investment Act
Introduced: Nov 17, 2025
Sponsor: Rep. Fitzpatrick, Brian K. [R-PA-1] (R-Pennsylvania)
Standard Summary
Comprehensive overview in 1-2 paragraphs
The SEMI Investment Act amends the Internal Revenue Code to extend and expand the advanced manufacturing investment credit. It includes semiconductor materials as qualified property, defines direct and indirect production materials for semiconductor manufacturing, extends the credit period through 2031, and requires the Treasury Secretary to publish specifications for qualifying materials.
Key Points
- 1Extends advanced manufacturing investment credit through December 31, 2031
- 2Expands definition of advanced manufacturing facility to include semiconductor materials manufacturing
- 3Defines direct production materials as substrates, thin films, packaging materials, and bonding materials
- 4Defines indirect production materials as process chemicals, photolithography materials, cleaning materials, and testing materials
- 5Requires Treasury to publish list of qualifying materials specifications
- 6Allows taxpayer petitions for determination of material eligibility
Impact Areas
Semiconductor manufacturingTax policy and incentivesAdvanced manufacturingSupply chain resilienceTechnology industryFederal revenue
Generated by kwaipilot/kat-coder-pro:free on Dec 6, 2025