Relating to economic development; declaring an emergency.
Catchline/Summary:
Authorizes Oregon 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. 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 Oregon CHIPS Fund as the Oregon Fostering Innovation Strength at Home and CHIPS Fund. (Flesch Readability Score: 61.9).
Authorizes Oregon 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 Oregon CHIPS Fund grants and loans. Renames the Oregon CHIPS Fund as the Oregon Fostering Innovation Strength at Home and CHIPS Fund.
Declares an emergency, effective on passage.
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HB 4104 Joint Committee On Ways and Means
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