Jayapal Passes Amendment to Measure Diversity in Investment

Amendment passes as part of the larger America COMPETES Act of 2022, which makes massive investments in American manufacturing and strengthening the supply chain

WASHINGTON — United States Representative Pramila Jayapal (WA-07) today passed an amendment through the House of Representatives attached to the America COMPETES Act of 2022. The provisions will analyze the demographics of the recipients of the CHIPS for America Fund and Public Wireless Supply Chain Innovation Fund.

“As we continue the work of building back better, we must ensure that legislation passed benefits everyone, including women and people of color,” said Congresswoman Jayapal. “My amendment will ensure that we know just how much money invested goes to businesses owned by women and people of color, who are too often left behind as relief rolls out.”

Jayapal’s amendment to the America COMPETES Act requires the Comptroller General to submit a report to Congress regarding rewards granted to businesses through the legislation. The report will highlight the recipients of each award that are majority owned and controlled by minority individuals and or women. Specifically, this amendment will track the CHIPS for America Fund, established under this legislation, and the Public Wireless Supply Chain Innovation Fund, which will be allocated $1.5 billion to fund innovative technologies related to the U.S. mobile broadband market.

The larger America COMPETES Act will make major investments in research, innovation and American manufacturing to accelerate U.S. production of critical semiconductor chips, strengthen the supply chain by allowing more goods to be made in America, expand research capacity to lead the technologies of the future, and advance our global competitiveness, while supporting strong labor standards and human rights, among other key provisions.

Issues: Science, Technology, & Antitrust