Semiconductor Controls Effectiveness Act of 2026

This bill requires the U.S. government to produce a detailed report on how effective current export controls on semiconductors and related technology are against China. The report must evaluate each control's impact on China's military, AI development, and semiconductor industry, while also analyzing effects on U.S. companies and global competitiveness. It mandates that the State Department, in coordination with Commerce and intelligence agencies, gather data from industry stakeholders and submit an unclassified version of the findings to Congress within 360 days. The document will also identify which controls are working, which are failing, and offer recommendations for improving enforcement and closing loopholes.