Ted Cruz

09/22/2024 | Press release | Distributed by Public on 09/22/2024 13:26

Sen. Cruz Applauds Announcement of House Vote on His Bipartisan CHIPS Permitting Bill

WASHINGTON, D.C. - Today, U.S. Senate Commerce Committee Ranking Member Ted Cruz (R-Texas) released the following statement after it was announced that the bipartisan legislation he authored with Sen. Mark Kelly (D-Ariz.) to dramatically expedite semiconductor manufacturing plant construction would receive a vote on the House floor next week. The Kelly-Cruz bill has already passed the Senate.

"My number-one priority fighting for Texas has always been jobs, jobs, jobs," said Sen. Cruz. "I am thrilled that the House has scheduled the Kelly-Cruz legislation for a vote next week. I've teamed up with Democrat Senator Mark Kelly to pass landmark legislation streamlining environmental permitting rules for new semiconductor factories. When passed, Kelly-Cruz will help bring tens of thousands of jobs to Texas and hundreds of billions in new investments. It will also advance our national security significantly by making us much less dependent on China for advanced semiconductors. Our bipartisan legislation passed the Senate unanimously, and I urge our House colleagues to likewise swiftly pass it into law."

During the week of September 23rd, the House will vote on S. 2228, the "Building Chips in America Act," under suspension of the rules, requiring a 2/3 majority of House members for passage. S.2228 was modified with substitute text authored by Sens. Cruz and Kelly (Senate Amendment 1378).

In December, the Senate unanimously passed Sens. Cruz and Kelly's bipartisan chips permitting bill, which was cosponsored by Sens. Todd Young (R-IN), Sherrod Brown (D-OH), Bill Hagerty (R-TN), Martin Heinrich (D-NM), and Kyrsten Sinema (I-AZ). This legislation had also previously passed the Senate in July of 2023 as part of the Senate's version of the National Defense Authorization Act (NDAA).In October of 2023, Sens. Cruz and Kelly led a bipartisan, bicameral letter with over 100 signers in support of passing these permitting reforms.

In January, Sen. Cruz toured the Samsung facility in Taylor, Texas and reiterated the importance of his CHIPS/National Environmental Policy Act (NEPA) legislation. Sen. Cruz also hosted a roundtable event in Round Rock, Texas, to discuss regulatory hurdles facing the semiconductor industry. Sen. Cruz engaged with many Texas-based semiconductor companies, and discussed how burdensome federal environmental requirements are driving up compliance costs for chip manufacturers, leading to slower construction timelines.

In April, Sen. Cruz discussed the need for chips permitting reform at a roundtable discussion hosted by Southern Methodist University after the university had been designated the lead agency for this federally funded economic development initiative, aimed at bolstering semiconductor manufacturing in the United States.

Background on Sen. Cruz's efforts to encourage American innovation through Chips manufacturing:

  • During a Senate Commerce Committee hearing on 'CHIPS and Science Implementation and Oversight,' Secretary of Commerce Gina Raimondo endorsed Sens. Cruz and Mark Kelly's (D-AZ) CHIPS/NEPAproposal.
  • Sen. Cruz helped enact historic tax reform in 2017, which gave a tax cut to virtually every taxpayer in America. It reduced taxes on small businesses, farmers, ranchers, and job producers, which has helped bring jobs to Texas and drive innovation.
  • Sen. Cruz has been leading the fight against burdensome federal government regulations and EPA overreach.
  • Sen. Cruz authored the Cost Recovery and Expensing Acceleration to Transform the Economy and Jumpstart Opportunities for Businesses and Startups (CREATE JOBS) Act, which would vitally reform business expensing in the tax code and help businesses and innovators thrive.
  • Sen. Cruz championed the Facilitating American-Built Semiconductors (FABS) Act to incentivize manufacturing in the U.S. through tax credits. That legislation is now law.

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