The CHIPS Act of 2022
The CHIPS Act of 2022, Public Law 117-167 (H.R. 4346), enacted 2022-08-09. What the text says, its status by provision, and sources.
Division A of Public Law 117-167, enacted August 9, 2022 as H.R. 4346, is the CHIPS Act of 2022. Among its provisions, section 102 appropriated $24,000,000,000 for fiscal year 2022 to a Treasury fund for semiconductor programs, and section 107 created an advanced manufacturing investment credit of 25 percent of qualified investment. A later law changed that credit rate. This record covers only these two provisions so far; the rest of the law has not yet been researched. Economic effects, who was affected and why people disagree are marked as not yet researched where that is so. No person has signed off on this record.