Bill Overview
Title: Securing Semiconductor Supply Chains Act of 2022
Description: This bill requires the SelectUSA program to solicit comments from state economic development organizations regarding federal efforts to increase foreign direct investment in semiconductor-related manufacturing and production. SelectUSA must then report to Congress on such comments and the strategies that SelectUSA may employ to increase such investment and to secure the U.S. semiconductor supply chain. SelectUSA is a Department of Commerce program established to coordinate federal efforts to attract and retain business investment in the United States.
Sponsors: Rep. Eshoo, Anna G. [D-CA-18]
Target Audience
Population: People worldwide who rely on semiconductor-integrated technology
Estimated Size: 330000000
- The bill affects semiconductor manufacturers who are dependent on supply chains for raw materials and parts.
- It involves state economic development organizations that provide input on federal efforts concerning semiconductor manufacturing.
- The bill potentially impacts any industry relying on semiconductors, which includes electronics, automotive, telecommunications, and more.
- Since this is a U.S.-focused strategy through the SelectUSA program, the primary impact is on U.S. industries and workers.
Reasoning
- The Securing Semiconductor Supply Chains Act of 2022 is primarily aimed at strengthening the U.S. semiconductor manufacturing capabilities by attracting foreign direct investments and addressing supply chain vulnerabilities.
- The primary impact is expected on industries that are directly involved in semiconductor production and those dependent on semiconductors like electronics and automotive industries.
- Indirectly, the policy could affect consumers due to the ubiquitous use of semiconductor-based technology in everyday life.
- Given the budget constraints of $20 million for the first year and $128 million over 10 years, not every sector will experience immediate or significant changes, so individual impacts may vary.
- State economic development organizations will play a crucial role in shaping and implementing the policy's strategies, potentially leading to regional variations in impact.
Simulated Interviews
Semiconductor Engineer (Phoenix, AZ)
Age: 45 | Gender: male
Wellbeing Before Policy: 7
Duration of Impact: 10.0 years
Commonness: 3/20
Statement of Opinion:
- I believe this policy could bring in more resources and potential job security.
- I'm a bit skeptical about the immediate impact as it might take years to see significant changes.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 8 | 7 |
| Year 2 | 8 | 7 |
| Year 3 | 8 | 7 |
| Year 5 | 8 | 7 |
| Year 10 | 9 | 7 |
| Year 20 | 9 | 6 |
Software Developer (Austin, TX)
Age: 32 | Gender: female
Wellbeing Before Policy: 6
Duration of Impact: 5.0 years
Commonness: 8/20
Statement of Opinion:
- I welcome any efforts to stabilize semiconductor supply chains.
- This policy seems promising but needs to be coupled with other industry measures to be effective.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 6 | 6 |
| Year 2 | 7 | 6 |
| Year 3 | 7 | 6 |
| Year 5 | 8 | 6 |
| Year 10 | 8 | 5 |
| Year 20 | 8 | 5 |
Automotive Factory Worker (Detroit, MI)
Age: 50 | Gender: male
Wellbeing Before Policy: 5
Duration of Impact: 10.0 years
Commonness: 5/20
Statement of Opinion:
- Our jobs rely heavily on the availability of chips, so any improvement is essential.
- I'm hopeful but cautious as such policies take time to trickle down to workers like me.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 6 | 5 |
| Year 2 | 6 | 5 |
| Year 3 | 7 | 5 |
| Year 5 | 7 | 5 |
| Year 10 | 8 | 5 |
| Year 20 | 8 | 5 |
Supply Chain Analyst (San Jose, CA)
Age: 38 | Gender: female
Wellbeing Before Policy: 8
Duration of Impact: 20.0 years
Commonness: 2/20
Statement of Opinion:
- This policy could provide more data and insights beneficial to our work.
- I'm excited about potential new strategies that could emerge.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 8 | 8 |
| Year 2 | 9 | 8 |
| Year 3 | 9 | 8 |
| Year 5 | 9 | 8 |
| Year 10 | 9 | 8 |
| Year 20 | 10 | 7 |
Graduate Student (Seattle, WA)
Age: 24 | Gender: female
Wellbeing Before Policy: 7
Duration of Impact: 10.0 years
Commonness: 10/20
Statement of Opinion:
- The policy could lead to more research and job opportunities in semiconductors.
- I'm interested in how this might affect industry partnerships with universities.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 7 | 7 |
| Year 2 | 8 | 7 |
| Year 3 | 8 | 7 |
| Year 5 | 8 | 7 |
| Year 10 | 9 | 7 |
| Year 20 | 9 | 7 |
Local Government Economic Development Officer (Raleigh, NC)
Age: 61 | Gender: male
Wellbeing Before Policy: 6
Duration of Impact: 10.0 years
Commonness: 4/20
Statement of Opinion:
- This policy provides a framework for enhancing local semiconductor manufacturing.
- Collaboration with federal programs might enhance local job creation and investment.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 7 | 6 |
| Year 2 | 7 | 6 |
| Year 3 | 8 | 6 |
| Year 5 | 8 | 6 |
| Year 10 | 8 | 6 |
| Year 20 | 8 | 6 |
Consumer Electronics Retail Manager (Chicago, IL)
Age: 29 | Gender: male
Wellbeing Before Policy: 5
Duration of Impact: 5.0 years
Commonness: 6/20
Statement of Opinion:
- Anything to stabilize the supply chain would help our business plan.
- This policy could increase customer satisfaction if it works quickly.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 5 | 5 |
| Year 2 | 6 | 5 |
| Year 3 | 6 | 5 |
| Year 5 | 6 | 5 |
| Year 10 | 7 | 5 |
| Year 20 | 7 | 4 |
Telecommunications Network Planner (Boston, MA)
Age: 55 | Gender: female
Wellbeing Before Policy: 6
Duration of Impact: 10.0 years
Commonness: 5/20
Statement of Opinion:
- The policy would greatly benefit network stability if it ensures semiconductor availability.
- I'm hopeful but cautious about the report's actual implementation.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 7 | 6 |
| Year 2 | 7 | 6 |
| Year 3 | 7 | 6 |
| Year 5 | 8 | 6 |
| Year 10 | 8 | 6 |
| Year 20 | 9 | 5 |
Small Electronics Manufacturer Owner (Miami, FL)
Age: 40 | Gender: male
Wellbeing Before Policy: 5
Duration of Impact: 5.0 years
Commonness: 3/20
Statement of Opinion:
- Hopeful for some relief for small manufacturers like us.
- We need more targeted support to make a significant impact.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 6 | 5 |
| Year 2 | 6 | 5 |
| Year 3 | 7 | 5 |
| Year 5 | 7 | 5 |
| Year 10 | 7 | 5 |
| Year 20 | 7 | 4 |
Technology Journalist (New York, NY)
Age: 47 | Gender: female
Wellbeing Before Policy: 8
Duration of Impact: 20.0 years
Commonness: 2/20
Statement of Opinion:
- This policy could be a game-changer for the U.S. tech landscape if executed well.
- Interested in how state comments shape the final strategies.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 8 | 8 |
| Year 2 | 9 | 8 |
| Year 3 | 9 | 8 |
| Year 5 | 9 | 8 |
| Year 10 | 9 | 8 |
| Year 20 | 9 | 8 |
Cost Estimates
Year 1: $20000000 (Low: $15000000, High: $30000000)
Year 2: $12000000 (Low: $10000000, High: $15000000)
Year 3: $12000000 (Low: $10000000, High: $15000000)
Year 5: $12000000 (Low: $10000000, High: $15000000)
Year 10: $12000000 (Low: $10000000, High: $15000000)
Year 100: $12000000 (Low: $10000000, High: $15000000)
Key Considerations
- Effectiveness of state-level economic input in shaping coherent federal strategies.
- Global semiconductor market dynamics and potential responses of other nations to U.S. strategies.
- Coordination between different states and federal-level alignment in executing strategic objectives.