S. 4750

S. 4750: A bill to amend the Internal Revenue Code of 1986 to clarify the application of the advanced manufacturing investment credit with respect to semiconductor manufacturing facilities located in outer space.

Introduced Ted Budd (R) SENATE_BILL — 119th Congress
Plain English Summary

S. 4750 aims to amend the Internal Revenue Code of 1986 by clarifying how the advanced manufacturing investment credit applies specifically to semiconductor manufacturing facilities that are located in outer space. This suggests an effort to promote and incentivize semiconductor production in space, potentially addressing the growing demand for advanced technology and manufacturing capabilities beyond Earth.

Positive Media Summary

Some media outlets have praised S. 4750 for its forward-thinking approach to technology and manufacturing. They highlight the importance of supporting the semiconductor industry, especially given the increasing reliance on advanced technology in various sectors. The bill is viewed as a step towards fostering innovation and maintaining competitiveness in the global tech market.

Negative Media Summary

Critics argue that S. 4750 may be premature or unnecessary, pointing out that the concept of semiconductor manufacturing in outer space is still largely theoretical. Some commentators express concerns about the allocation of tax credits to a sector that may not yet be viable, suggesting that resources would be better spent on more immediate manufacturing challenges on Earth. There are also worries about the implications of incentivizing off-planet production.

Conflict of Interest Analysis Deep Analysis
3/10
Risk Level
Low
Total Donations
$0
PAC Percentage
0%
Policy Area
Taxation

The analysis of bill S. 4750, which aims to amend the Internal Revenue Code regarding semiconductor manufacturing facilities in outer space, reveals no direct industry overlaps with the sponsor Ted Budd's top donor industries. While lobbying activity in related areas includes significant contributions from companies like Sasol Chemicals USA LLC ($260,000) and Gravitas ($30,000), these do not directly correlate with the semiconductor focus of the bill. The lack of direct financial ties between the bill's subject matter and the sponsor's donors indicates that there is minimal risk of conflicts of interest. Voters should be aware that while lobbying exists, it does not appear to influence this specific legislative effort significantly.

Lobbying Activity — Who's Pushing?

Organizations that lobbied on issues related to this bill's policy area.

Client Lobbying Firm Amount
SASOL CHEMICALS USA LLC SASOL CHEMICALS USA LLC $260,000
ENERGY INFRASTRUCTURE COUNCIL FKA MASTER LIMITED PARTNERSHIP ASSOCIATION ZIEBART CONSULTING, LLC $60,000
ORGANIC PRODUCE ASSOCIATION THE RUSSELL GROUP, INC. $50,000
GRAVITICS TECHNOLOGY STRATEGIES LLC $30,000
LIVINGSTON INTERNATIONAL INC VENABLE LLP $30,000
CITY OF WILLISTON (ND) NEXXUS CONSULTING, LLC $30,000
S&P GLOBAL F/K/A IHS MARITIME & TRADE VENABLE LLP $20,000
TOWN OF TUSAYAN NEXXUS CONSULTING, LLC $10,000
TREA SENIOR CITIZENS LEAGUE TREA SENIOR CITIZENS LEAGUE $5,000
NATIONAL RELIGIOUS BROADCASTERS NATIONAL RELIGIOUS BROADCASTERS undisclosed
INTERNATIONAL REGISTRIES, INC. VENABLE LLP undisclosed
ARISTEIA STRATEGIC ADVISORS, LLC ARISTEIA STRATEGIC ADVISORS, LLC undisclosed
US CHEMICAL TECHNOLOGIES ATS COMMUNICATIONS, INC. (DBA SILBEY STRATEGIES) undisclosed
CX2 ATS COMMUNICATIONS, INC. (DBA SILBEY STRATEGIES) undisclosed
FISICA ATS COMMUNICATIONS, INC. (DBA SILBEY STRATEGIES) undisclosed

Source: Senate Lobbying Disclosure Act (LDA) filings, 2026

Sponsor's Top Donor Industries

Top industries funding Ted Budd, ranked by total contributions.

Health Professionals $240,000,000
Individuals: $240,000,000 PACs: $0
Retired $75,000,000
Individuals: $75,000,000 PACs: $0

Source: OpenSecrets.org (Center for Responsive Politics)

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