STAR Act of 2025

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 802 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 802 To amend the Internal Revenue Code of 1986 to add qualified semiconductor design expenditures to the advanced manufacturing investment credit. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES January 28, 2025 Mr. Moore of Utah (for himself, Ms. DelBene, Mr. McCaul, Ms. Matsui, Mr. Moolenaar, Mr. Krishnamoorthi, Ms. Tenney, Mr. Khanna, Mr. Morelle, Mr. Buchanan, Mr. Carson, Mr. Gottheimer, Ms. Sewell, and Mr. Panetta) 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 add qualified semiconductor design expenditures to the advanced manufacturing investment credit. 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 Technology Advancement and Research Act of 2025'' or the ``STAR Act of 2025''. SEC. 2. QUALIFIED SEMICONDUCTOR DESIGN EXPENDITURES ADDED TO ADVANCED MANUFACTURING INVESTMENT CREDIT. (a) In General.--Section 48D of the Internal Revenue Code of 1986 is amended-- (1) in subsection (a), by striking ``an amount equal to'' and all that follows through the period and inserting ``, with respect to an eligible taxpayer, an amount equal to the sum of-- ``(1) 25 percent of the qualified investment for such taxable year with respect to any advanced manufacturing facility of such taxpayer, and ``(2) 25 percent of the qualified semiconductor design expenditures paid or incurred by such taxpayer during the taxable year.'', (2) by redesignating subsections (c), (d), and (e) as subsections (e), (f), and (g), respectively, (3) by inserting after subsection (b) the following new su