[20220511]IN11923_通过投资税收抵免（ITC）支持半导体制造.pdf

CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i Supporting Semiconductor Fabrication with an Investment Tax Credit (ITC) May 11, 2022 The Biden Administration has identified semiconductors as a “critical good” and has urged Congress to pass legislation supporting additional domestic investment in the industry to counter recent supply chain issues and the longer-term decline in domestic semiconductor manufacturing. To that end, the 117th Congress is considering a range of policies to support semiconductor manufacturing (or fabrication) and research and development (R&D). The America COMPETES Act (H.R. 4521) and the United States Innovation and Competition Act (USICA) (S. 1260) have each been passed by at least one chamber of Congress, and debate is expected to continue in conference. Some Members of Congress have expressed interest in tax credits to support semiconductor manufacturing, which are not currently included in H.R. 4521 or S. 1260. Semiconductor Tax Credits Proposed in the 117th Congress The House-passed and Senate Finance Committees version of the Build Back Better Act (H.R. 5376) included an advanced manufacturing tax credit for semiconduct