Construction firms could see future work on new U.S. manufacturing projects resulting from a House bill narrowly passed Feb. 4 that would allocate $52 billion to boosting domestic semiconductor chip production—but some contractor groups oppose provisions they say that could affect collective bargaining.
The House approved the COMPETES Act by a 222-210 vote, mostly along party lines with Democrats in favor of the bill. It would create the $52-billion CHIPS Act fund to boost private investment in semiconductor production over five years, as well as $45 billion for grants, loans and loan guarantees supporting supply chain resilience.