A bill to amend the Internal Revenue Code of 1986 to clarify the application of the advanced manufacturing investment credit with respect to semiconductor manufacturing facilities located in outer space.
Bill Summary
Amends tax code to clarify rules for a tax credit that encourages investment in advanced manufacturing, specifically for semiconductor factories in outer space. Clarifies how this credit applies to space-based semiconductor manufacturing facilities.
Sponsored By
Bill Journey
- Jun 11, 2026
- Jun 11, 2026You Are Here
The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.
- TBD
The full chamber debates the bill, may amend it, and votes on whether to pass it.
- TBD
If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.
- TBD
If passed by both chambers, the bill goes to the President to sign into law or veto.
Why It Matters
This bill affects companies that invest in semiconductor manufacturing facilities in outer space, potentially making it clearer for them to claim a tax credit for their investments. It may also impact the US semiconductor industry and space-based manufacturing sector by providing clearer tax incentives.
Impact Areas
Support & Opposition
- Republican1
Documents
1
Full text opens on congress.gov, the official source.
Bill Details
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.