Sherrod Brown

10/02/2024 | Press release | Distributed by Public on 10/02/2024 16:47

Signed Into Law: Brown’s Bipartisan Bill To Cut Red Tape For Chips Projects Like Intel

WASHINGTON, D.C. - Today, U.S. Senator Sherrod Brown (D-OH) announced that the President signed into law his bipartisan Building Chips in America Act, a law to streamline federal reviews for microchip manufacturing facilities like the one being built by Intel in New Albany. The law prevents delays in domestic manufacturing investments made possible by the CHIPS Act while maintaining bedrock environmental protections for clean air and water.

The legislation passed the U.S. Senate in December and the U.S. House of Representatives last week.

"This law will help prevent delays to the semiconductor manufacturing projects the CHIPS Act made possible and will encourage future investments in American manufacturing. This is critical to Intel's project in Licking County and to ensure that we can outcompete China," said Brown.

Brown has been a leader in bringing new manufacturing opportunities to Ohio and worked to pass into law the CHIPS and Science Act of 2022which boosted Intel's $20 billion investment to build a semiconductor plant in New Albany and is expected to create 10,000 jobs.

Following its passage, companies throughout the semiconductor supply chain have announced plans to invest billions in new domestic manufacturing projects. The Building Chips in America Act would ensure federal environmental reviews are completed in a timely manner for these microchip projects supported by the CHIPS Act by streamlining approval for projects currently under construction and others that could be delayed, and by providing the Secretary of Commerce greater tools to more effectively and efficiently carry out reviews.

This will give the administration additional authority to more effectively implement the CHIPS Act and maximize its potential to boost domestic microchip manufacturing, strengthen domestic supply chains, lower costs, and improve national security.

In addition to Brown, U.S. Senators Mark Kelly (D-AZ), Ted Cruz (R-TX), Todd Young (R-IN), Bill Hagerty (R-TN), Martin Heinrich (D-NM), Kyrsten Sinema (I-AZ), and Ted Budd (R-NC) led the legislation in the Senate.

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