KnowGovRepresentation. Influence. Action.
BillS 1473 · 119

Stop Stealing our Chips Act

Introduced
Apr 10, 2025
Cosponsors
1
Traction
0
Last Action
May 21, 2026

Bill Summary

Restricts the export of certain semiconductor chips to foreign countries, particularly China. Requires US companies to obtain a license before exporting these chips.

Sponsored By

Mike Rounds
Republican · South Dakota · Senate

Bill Journey

  1. Apr 10, 2025
  5. May 21, 2026You Are Here

    If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.

  6. TBD

    If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

This bill affects US semiconductor manufacturers and foreign countries, particularly China, by limiting their ability to export and import certain high-tech chips. It may also impact the global tech industry, including companies that rely on these chips for their products.

Impact Areas

Sample
Addresses Supply
Targets an underlying shortage driving costs.
Supports Families
Aimed at easing pressure on working households.
Long-term Impact
Effects compound across multiple budget cycles.
Expands Access
Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party
2backers
  • Democratic1
  • Republican1
Cross-party cosponsors1 · 100%

Documents

1

Full text opens on congress.gov, the official source.

Cosponsors (1)

Bill Details

Bill TypeSenate Bill · Federal
Primary TopicMoney & Economy
CommitteeSenate Committee (sample)Sample
IntroducedApr 10, 2025
Last UpdatedMay 21, 2026
Latest ActionHeld at the desk.
Subjects
  • Economy

Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.