Latest Federal Tax Credits News & Updates

Washington, June 12 (IANS) A bipartisan group of US lawmakers has introduced legislation aimed at boosting semiconductor manufacturing in space, arguing that the United States risks falling behind China in a critical area of advanced technology.The proposed Semiconductor Superiority Act, which has been introduced by Republican Senator Ted Budd and Democratic Senator Michael Bennet, would clarify that semiconductor manufacturing facilities operating in low-Earth orbit are eligible for tax incenti…