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OR HB2277
Bill
AI Summary
- Expands eligibility for Oregon CHIPS Fund grants and loans to semiconductor businesses that qualify as "covered entities" under the federal CHIPS Act but have not applied for federal assistance
- Establishes $15,000,000 as the maximum expenditure limit from the Oregon CHIPS Fund for the biennium ending June 30, 2027
- Removes provisions that would have transferred remaining Oregon CHIPS Fund moneys to the General Fund on June 30, 2025
- Declares an emergency, making the act effective immediately upon passage
- Amends Oregon Laws 2023 (chapter 25) governing the state's semiconductor industry support program
Legislative Description
Relating to the semiconductor industry; declaring an emergency.
Last Action
In committee upon adjournment.
6/27/2025
Committee Referrals
Ways and Means4/10/2025
Economic Development, Small Business, and Trade1/17/2025
Full Bill Text
No bill text available