Law360 (May 19, 2021, 7:54 PM EDT) -- Senators have dramatically revamped a sprawling bill with well over $170 billion in funding to fuel technological and economic competition with China, including $52 billion for domestic semiconductor production and $1.5 billion for telecommunications funding along with intellectual property enforcement and boosted antitrust enforcement.
Floor consideration started Monday with an 86-11 procedural vote that showed broad bipartisan support for S. 1260, the Endless Frontier Act. Majority Leader Chuck Schumer, D-N.Y., offered a 1,400-page substitute amendment Tuesday that would replace the text and change the title to the U.S. Innovation and Competition Act. Amendment votes started Wednesday on the Senate floor, likely...
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