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S4456Referred to Committee

A bill to require the Under Secretary of Commerce for Industry and Security to require a license for the export, reexport, or in-country transfer of certain integrated circuits, and for other purposes.

Share:
Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-04-30
Introduced
5
Cosponsors
S
ⓘ
Type

Sponsor

Jim Banks
Jim Banks
Republican · IN · Senator

Latest Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

2026-04-30

Bill Summary

The government would require companies to get special permission before selling or transferring advanced computer chips to other countries or moving them within the U.S., giving officials more control over technology that could be used for military or security purposes. This affects tech companies, manufacturers, and exporters who work with high-performance semiconductors. The measure aims to prevent sensitive chip technology from reaching countries or groups that could pose national security risks.

Read the full bill text
Read Full TextCongress.gov