### Question
What does covered entity mean?


### Answer
**Covered entity** has the following meaning in *15 U.S.C. § 4651*:

> a private entity, a consortium of private entities, or a consortium of public and private entities with a demonstrated ability to substantially finance, construct, expand, or modernize a facility relating to fabrication, assembly, testing, advanced packaging, or research and development of semiconductors

#### Citation:
  - *15 U.S.C. § 4651*
  - Heading: **CHAPTER 72A-CREATING HELPFUL INCENTIVES TO PRODUCE SEMICONDUCTORS FOR AMERICA**

