Semiconductor Superiority Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 8959 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 8959 To amend the Internal Revenue Code of 1986 to clarify the application of the advanced manufacturing investment credit with respect to semiconductor manufacturing facilities located in outer space. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 21, 2026 Mr. Buchanan (for himself, Ms. Sewell, and Ms. DelBene) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to clarify the application of the advanced manufacturing investment credit with respect to semiconductor manufacturing facilities located in outer space. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Semiconductor Superiority Act''. SEC. 2. CLARIFYING APPLICATION OF ADVANCED MANUFACTURING INVESTMENT CREDIT FOR SEMICONDUCTOR MANUFACTURING FACILITIES LOCATED IN OUTER SPACE. (a) In General.--Section 48D(b) of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph: ``(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