Sec. 2. Establishment of Electronics Supply Chain Fund and assistance and incentives for domestic manufacturing of printed circuit boards
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There is established in the Treasury of the United States a trust fund to be known as the Electronics Supply Chain Fund (in this section the Fund ). The Fund shall consists of such amounts as may be appropriated for deposit in the Fund. Amounts deposited in the Fund shall remain available through the end of the tenth fiscal year beginning after the date on which funds are first appropriated to the Fund. Any amounts remaining in the Fund after the date specified in subparagraph
(A)shall be deposited in the general fund of the Treasury. Amounts deposited in the Fund shall be available to the Secretary of Defense— to fund the construction, expansion, or modernization of facilities to develop or manufacture semiconductors, microelectronics, advanced electronic packaging, and printed circuit boards; to carry out subsection (d); and to carry out section 4(a). Using amounts from the Fund, the Secretary of Defense, in consultation with the Secretary of Commerce, the Secretary of Homeland Security, the Director of National Intelligence, and such other officials as the Secretary of Defense considers appropriate, shall— promote and deploy technology, including microelectronics, printed circuit boards, semiconductors, and related technologies so as to create a commercially competitive electronics industry in the United States capable of meeting United States national security needs; establish production and manufacturing sites for the technologies described in paragraph (1); and establish security standards necessary for the implementation of— this Act; section 889 of the John S. McCain National Defense Authorization Act for Fiscal Year 2019 ( Public Law 115–232 ; 132 Stat. 1917); section 224 of the National Defense Authorization Act for Fiscal Year 2020 ( Public Law 116–92 ; 10 U.S.C. 2302 note); and section 841 of the William M.
(Mac)Thornberry National Defense Authorization Act for Fiscal Year 2021 ( Public Law 116–283 ). The Secretary of Defense shall consider printed circuit board manufacturing as a qualifying capability when making funds available for the construction, expansion, or modernization of domestic development or manufacturing capabilities for semiconductors or electronic packaging.
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- John S. McCain National Defense Authorization Act for Fiscal Year 2019Public Law 115-232
- Small Business Innovation and Economic Security ActPublic Law 119-83
- National Defense Authorization Act for Fiscal Year 2020Public Law 116-92
- William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021Public Law 116-283
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Sec. 2
Establishment of Electronics Supply Chain Fund and assistance and incentives for domestic manufacturing of printed circuit boards
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