Senate Agrees to Conference with House for Bipartisan Innovation Act
House and Senate leaders have announced their intent to complete negotiations on a bipartisan innovation and semiconductor investment package by the July 4 congressional recess. The conference negotiations come at a crucial time for the U.S. supply chain, with shortages in key high-tech manufactured products prompting calls for significant new incentives for investment in U.S. manufacturing capacity. Supporters of the bill are encouraging a sense of urgency as the supply chain shortages continue to drive inflation.
For more information about the USICA and America COMPETES Act conference legislation, visit: https://www.congress.gov/bill/117th-congress/house-bill/4521
For the full list of Senate Conferees, visit: https://www.democrats.senate.gov/newsroom/press-releases/schumer-announces-senate-democratic-conferees-to-jobs-and-competitiveness-bill-conference and https://www.republicanleader.senate.gov/newsroom/press-releases/mcconnell-statement-on-usica-legislation-