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HB2322 • 2025

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

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Last action
2025-06-27
Official status
At Presidents Desk Upon Adjournment
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 Senate

    At President's desk upon adjournment.

  2. 2025-06-25 House

    Third reading. Carried by Nguyen D. Passed. Ayes, 46; Nays, 1--Scharf; Absent, 1--Skarlatos; Excused, 8--Cate, Edwards, Harbick, Osborne, Reschke, Ruiz, Wallan, Yunker; Excused for Business of the House, 4--Diehl, Kropf, Sosa, Speaker Fahey.

  3. 2025-06-25 House

    Vote explanation(s) filed by Scharf.

  4. 2025-06-25 Senate

    First reading. Referred to President's desk.

  5. 2025-06-25 Senate

    Referred to Ways and Means.

  6. 2025-06-24 House

    Second reading.

  7. 2025-06-23 House

    Recommendation: Do pass with amendments and be printed B-Engrossed.

  8. 2025-06-20 House

    Work Session held.

  9. 2025-06-18 House

    Work Session held.

  10. 2025-06-18 House

    Returned to Full Committee.

  11. 2025-06-12 House

    Assigned to Subcommittee On Capital Construction.

  12. 2025-04-10 House

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

  13. 2025-04-10 House

    Referred to Ways and Means by order of Speaker.

  14. 2025-04-07 House

    Work Session held.

  15. 2025-03-19 House

    Public Hearing held.

  16. 2025-01-17 House

    Referred to Economic Development, Small Business, and Trade.

  17. 2025-01-13 House

    First reading. Referred to Speaker's desk.

Official Summary Text

Digest: The Act would let state CHIPS Fund grants be awarded to firms that could get federal semiconductor financial assistance under the CHIPS Act but have not applied for it. The Act would expand the kinds of businesses that may receive state CHIPS Fund grants. The Act would rename the CHIPS Fund as the Oregon Fostering Innovation Strength at Home and CHIPS Fund. (Flesch Readability Score: 64.4).
Authorizes state CHIPS Fund grants and loans to businesses that are eligible for federal semiconductor financial assistance under the CHIPS Act but have not applied for it. Expands the kinds of businesses that may receive state CHIPS Fund grants and loans. Renames the CHIPS Fund as the Oregon Fostering Innovation Strength at Home and CHIPS Fund.
Declares an emergency, effective on passage.
Relating to: Relating to economic development; declaring an emergency.
Current location: At Presidents Desk Upon Adjournment