Allows the President to waive Clean Air Act emissions offset requirements for new or modified semiconductor and critical mineral facilities when the President finds a waiver serves national security, and requires states to allow alternative offsets for these facilities.

• Allows the President to waive, in whole or in part, offset requirements for a new or modified advanced manufacturing facility or critical mineral facility if the President determines a waiver is in the national security interests of the United States, and bars the President from delegating that determination.
• Defines an advanced manufacturing facility as one whose primary purpose is manufacturing semiconductors or semiconductor manufacturing equipment, and a critical mineral facility as one whose primary purpose is extracting, processing, refining, or milling a critical mineral designated by the Secretary of the Interior.
• Requires a state permitting authority to let a qualifying major stationary source offset emissions by alternative or innovative means when the source shows it used all reasonable means to obtain offsets, all available offsets are in use, and sufficient offsets are not available.
• Lets the permitting authority impose an emissions fee in place of alternative offset measures, capped at 1.5 times the average cost of stationary source control measures adopted in the area during the previous 3 years, and requires the fees to be used to maximize emissions reductions in that area.

• Energy and Commerce Committee (House)

Environmental Protection