Semiconductor Superiority Act

This bill changes federal tax law so that the advanced manufacturing investment tax credit for semiconductor facilities can apply to facilities located in outer space, including low-Earth orbit. Equipment used to carry crew, goods, or supplies to and from a space facility, and related equipment on Earth, could count as part of the facility. Flight control, crew living quarters in space, facility repair, and transportation would count as manufacturing-related functions. Rockets and similar launch vehicles would not qualify, and the changes apply only to property placed in service after the bill becomes law.

Full text and official record on Congress.gov

Sponsors

• Ted Budd Republican sponsor
• 1 cosponsors