Source:
August 9, 2022 | Press Releases
WASHINGTON, D.C. – Today, U.S. Senator Rob Portman (R-OH) attended the White House signing ceremony where President Biden signed into law the CHIPS Act, bipartisan legislation to incentivize semiconductor manufacturing in the United States, make our supply chains more resilient, enhance our national security, and strengthen our economy. He issued the following statement:
“Today, our national security and manufacturing capabilities are getting the competitive edge they need with the bipartisan CHIPS Act now law. I was proud to help lead efforts in the Senate to pass this legislation and ensure that thousands of good-paying jobs came to Ohio with Intel’s planned semiconductor plant. Intel’s announced investment is already the largest in Ohio’s history and the company has indicated that with this CHIPS legislation its record investment will grow even larger over time. Now, with the CHIPS Act becoming law, we can help bring back semiconductor manufacturing to the United States, create thousands of high-paying jobs, and strengthen our national security.”
NOTE: This bipartisan legislation includes two Portman priorities. First is the Investing in Domestic Semiconductor Manufacturing Act, which ensures that the CHIPS Act financial assistance grant program includes upstream semiconductor equipment and materials manufacturers. This language will ensure that the $52 billion in CHIPS Act investments help onshore the entire semiconductor supply chain and will support current and future semiconductor suppliers in Ohio, as they look to support Intel’s fabrication site in Central Ohio.
Secondly, the bill also includes a key provision from Portman’s Secure Research Data Network Act, establishing a National Secure Data Service demonstration project within the National Science Foundation to help ensure and encourage data linkage between federal agencies for the purposes of statistical research. In order to ensure the data being shared between government agencies is secure and encrypted, the bill includes the privacy requirements established in Section 3 of Portman’s Secure Research Data Network Act.
###