Sec. 541.
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Within 45 days of enactment of this Act, the Secretary of Commerce shall allocate amounts made available from the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Fund for fiscal year 2025 pursuant to paragraphs
(1)and
(2)of section 102(a) of the CHIPS Act of 2022 (division A of Public Law 117–167 ) not otherwise allocated pursuant to section 546(a)(1)(B) of division C of Public law 118–42, including the transfer authority in such paragraphs of that section of that Act, to the accounts specified, in the amounts specified, and for the projects and activities specified, in the table titled Department of Commerce Allocation of National Institute of Standards and Technology Funds: CHIPS Act Fiscal Year 2025 in the report accompanying this Act. Within 45 days of enactment of this Act, the Director of the National Science Foundation shall allocate amounts made available from the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Workforce and Education Fund for fiscal year 2025 pursuant to section 102(d)(1) of the CHIPS Act of 2022 (division A of Public Law 117–167 ), to the account specified, in the amounts specified, and for the projects and activities specified in the table titled National Science Foundation Allocation of Funds: CHIPS Act Fiscal Year 2025 in the report accompanying this Act. Neither the President nor his designee may allocate any amounts that are made available for any fiscal year under section 102(a)(2)(A) of the CHIPS Act of 2022 or under section 102(d)(2) of such Act if there is in effect an Act making or continuing appropriations for part of a fiscal year for the Departments of Commerce and Justice, Science, and Related Agencies: That in any fiscal year, the matter preceding this proviso shall not apply to the allocation, apportionment, or allotment of amounts for continuing administration of programs allocated funds from the CHIPS for America Fund, which may be allocated only in amounts that are no more than the allocation for such purposes in subsection
(a)of this section. Provided, Subject to prior consultation with, and the regular notification procedures of, the Committees on Appropriations of the House of Representatives and the Senate, and subject to the terms and conditions in section 505 of this Act— the Secretary of Commerce may reallocate funds allocated to Industrial Technology Services for section 9906 of Public Law 116–283 by subsection (a)(1) of this section; and the Director of the National Science Foundation may reallocate funds allocated to the CHIPS for America Workforce and Education Fund by subsection (a)(2) of this section. Concurrent with the annual budget submission of the President for fiscal year 2026, the Secretary of Commerce and the Director of the National Science Foundation, as appropriate, shall each submit to the Committees on Appropriations of the House of Representatives and the Senate proposed allocations by account and by program, project, or activity, with detailed justifications, for amounts made available under section 102(a)(2) and section 102(d)(2) of the CHIPS Act of 2022 for fiscal year 2026. The Department of Commerce and the National Science Foundation, as appropriate, shall each provide the Committees on Appropriations of the House of Representatives and Senate quarterly reports on the status of balances of projects and activities funded by the CHIPS for America Fund for amounts allocated pursuant to subsection (a)(1) of this section and prior appropriations Acts, the status of balances of projects and activities funded by the Public Wireless Supply Chain Innovation Fund for amounts allocated pursuant to section 543 (a)(2) of division B of Public Law 117–328 , and the status of balances of projects and activities funded by the CHIPS for America Workforce and Education Fund for amounts allocated pursuant to subsection (a)(2) of this section and prior appropriations Acts, including all uncommitted, committed, and unobligated funds.
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- Pub. L. 118-42
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Sec. 541
Pub. L.Pub. L. 118-42
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