OESA News - Third Quarter - Edition Three

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MEMA ADVOCACY

Urge Your Legislator to Act Now on Semiconductor Legislation Ann Wilson Senior Vice President, Government Affairs 202.312.9246 │ awilson@mema.org

In June, the Senate passed the “Creating Helpful Incentives for the Production of Semiconductors (CHIPS) for America Act” which includes $52 billion in emergency funding to promote semiconductor manufacturing in the United States. That figure includes $2 billion to manufacture mature node chips that are used in the motor vehicle sector. As the industry already grapples with the challenges brought on by the COVID-19 pandemic, the House must act now to enact this legislation. The shortage of chips is getting worse, underlining the need for quick passage of the CHIPS Act. For example, The Washington Post reports the global auto industry will produce four million fewer vehicles this year due to the semiconductor shortage, losing $110 billion in sales. Click here to tell your Representative that Congress must act now on this legislation which strengthens semiconductor production in the United States. Simply use our one-click system to generate a letter to your Representative by entering your name and address.

OESA News - 2021 Third Quarter

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