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HB2277 • 2025

Authorizes state CHIPS Fund grants and loans to be made to businesses that are eligible for federal semiconductor financial assistance under the CHIPS Act but have not applied for it.

Authorizes state CHIPS Fund grants and loans to be made to businesses that are eligible for federal semiconductor financial assistance under the CHIPS Act but have not applied for it.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Last action
2025-06-27
Official status
In House Committee
Effective date
Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2025-06-27 House

    In committee upon adjournment.

  2. 2025-04-10 House

    Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Ways and Means.

  3. 2025-04-10 House

    Referred to Ways and Means by order of Speaker.

  4. 2025-04-07 House

    Work Session held.

  5. 2025-03-19 House

    Public Hearing held.

  6. 2025-01-17 House

    Referred to Economic Development, Small Business, and Trade.

  7. 2025-01-13 House

    First reading. Referred to Speaker's desk.

Official Summary Text

<b>Digest: The Act would let a semiconductor firm receive a state CHIPS Fund grant or loan if it could receive federal CHIPS Act funding but has not applied for it. (Flesch Readability Score: 63.6).</b>
[<i>Digest: The Act would have Business Oregon study the semiconductor industry in this state. The Act would require a report of the study to be turned in next year. (Flesch Readability Score: 65.7).</i>]
[<i>Requires the Oregon Business Development Department to study the semiconductor industry in Oregon. Directs the department to submit a report of the study to the interim committees of the Legislative Assembly related to economic development no later than September 15, 2026.</i>]
[<i>Sunsets January 2, 2027.</i>]
<b>Authorizes state CHIPS Fund grants and loans to be made to businesses that are eligible for federal semiconductor financial assistance under the CHIPS Act but have not applied for it.
<b>Declares an emergency, effective on passage.</b>
Relating to: Relating to the semiconductor industry; declaring an emergency.
Current location: In House Committee