United States 119th Congress Status: In Committee Bipartisan · 1 R · 1 D cosponsors

S 4750 — Semiconductor Superiority Act

Last action — Read twice and referred to the Committee on Finance.

Track this bill free

No card. One bill, free forever — alerts when it moves.

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the Senate. Introduced June 11, 2026. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the Senate.

Prognosis

Advancing 34% · moderate confidence

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

  • In Committee

    Current position in the legislative process.

  • 2 sponsors

    1 primary, 1 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (1 R · 1 D) — cross-party backing.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

In plain language

The bill seeks to enhance U.S. semiconductor manufacturing and innovation.

The Semiconductor Superiority Act aims to strengthen the U.S. position in semiconductor production and technology. It focuses on supporting domestic manufacturing and fostering innovation in the semiconductor industry.

Bill Text

How this bill changes current law

5 changes Share ↗

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

The bill clarifies the eligibility criteria for the advanced manufacturing investment credit specifically for semiconductor manufacturing facilities located in outer space.

  • Section 48D(b)

    (6) Application to facilities located in outer space.-- (A) In general.--In the case of an advanced manufacturing facility which is located in outer space-- (i) for purposes of paragraph (1), qualified property shall not fail to be treated as part of such facility solely because such qualified property is-- (I) used to transport crew, goods, equipment, material, or supplies in outer space to and from such facility, or (II) not located in outer space, and (ii) for purposes of paragraph (2)-- (I) property shall not fail to be treated as qualified property solely because such property is located in outer space, (II) with respect to subparagraph (A)(iv), property shall not fail to be treated as integral to the operation of such facility solely because such property is-- (aa) used in the manner described in clause (i)(I), or (bb) not located in outer space, and (III) with respect to subparagraph (B)(ii), functions related to manufacturing shall include-- (aa) flight control operations, (bb) crew habitation in outer space, (cc) repair of the facility, and (dd) transportation of crew, goods, equipment, material, or supplies to and from the facility. (B) Outer space.--For purposes of this paragraph, the term `outer space' shall include low-Earth orbit. (C) Exclusion.--For purposes of this subsection, the term `qualified property' shall not include a rocket or similar launch vehicle constructed for the purpose of propelling a payload from Earth into outer space.

    This addition explicitly defines how properties related to advanced manufacturing facilities in outer space are treated for tax credit purposes.

  • Section 50(b)

    (1)(B), by inserting ``or any qualified property which is part of an advanced manufacturing facility located in outer space (as such terms are defined under section 48D(b)) and held by a United States person if such property was launched from within the United States'' after ``section 168(g)(4)'',

    This change expands the definition of qualifying property for tax benefits to include properties from advanced manufacturing facilities in outer space, provided they were launched from the U.S.

  • Section 50(b)

    and → and

    This change updates the existing text to allow for additional criteria related to outer space properties.

  • Section 50(b)

    . → ; and

    This change prepares for adding new criteria to the existing law concerning advanced manufacturing facilities in outer space.

  • Section 50(b)

    (E) any qualified property which is part of an advanced manufacturing facility located in outer space (as such terms are defined under section 48D(b)).

    This addition allows the inclusion of outer space manufacturing facilities in the existing tax provisions.

Action History

  1. Introduced in Senate

  2. Read twice and referred to the Committee on Finance.

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 1 co-sponsors · 545 not signed on

Sponsors (1)

Co-sponsors (1)

Not signed on (545)

545 members have not signed on to this bill.

Show all 545 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation technology
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors S 4750?
S 4750 is sponsored by Bennet, Michael F. (Democratic) and Budd, Ted (Republican).
What is the current status of S 4750?
This bill is in committee in the Senate. Introduced June 11, 2026. It must pass committee before a floor vote.
Where can I track S 4750?
Track S 4750 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on S 4750

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of S 4750

Last checked for changes 3 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →