SENATE 2107117th CongressRead twice and referred to the Committee on Finance.
FABS Act
- Last Action
- 6/17/2021
Actions
- 2021-06-17Read twice and referred to the Committee on Finance.
- 2021-06-17Introduced in Senate
CRS Summary
As of 2021-06-17 (00)
Facilitating American-Built Semiconductors Act or the FABS Act
This bill allows a new tax credit for investment in a semiconductor manufacturing facility and semiconductor manufacturing property.
Cosponsors (9)
- Mike Crapo (R-ID)
- Mark Warner (D-VA)
- John Cornyn (R-TX)
- Debbie Stabenow (D-MI)
- Steve Daines (R-MT)
- Mark Kelly (D-AZ)
- Thomas Tillis (R-NC)
- Charles Schumer (D-NY)
- Ted Cruz (R-TX)
Subjects
- Business investment and capital
- Income tax credits
- Industrial facilities
- Manufacturing
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.