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Saturday, May 2, 2026

Biden to Require Chip Makers Getting Funds to Provide Child Care - Bloomberg Law

The Biden administration will require companies that tap $39 billion in funding for semiconductor manufacturing to provide affordable child care for their workers, under rules due to be published Tuesday.

The regulations will mandate that firms receiving incentives under the Chips and Science Act, passed last year, take steps such as building day-care facilities near new manufacturing sites, or giving workers money to pay the costs through existing local options, according to the Commerce Department, which is in charge of the law’s implementation.

Commerce Secretary Gina Raimondo has repeatedly talked about how a lack of child care is holding back ...

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