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HB 2277 Oregon House · 2025 Regular Session

Relating to the semiconductor industry; declaring an emergency.

Summary
] [ 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. ] [ Sunsets January 2, 2027. ] 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. Declares an emergency, effective on passage.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2025 Last action Jun 28, 2025
Maddy AI version diff · 1 comparison

What changed between versions

Introduced → A-Engrossed · 6 edits
MODERATE
The bill was amended from a study-only measure to an active funding authorization. The original version required Business Oregon to study the semiconductor industry and report findings, while the new version authorizes the department and Governor to award grants and loans from the Oregon CHIPS Fund to businesses eligible for federal CHIPS Act funding but that have not yet applied for it.
Scope change
The bill's scope shifted from a passive research study to active financial intervention, expanding the department's authority to distribute state funds directly to semiconductor businesses.
SCOPE

Changed from requiring a study of the semiconductor industry to authorizing direct grants and loans to eligible businesses.

ELIGIBILITY

Added eligibility criteria allowing businesses to receive state funding if they are eligible for federal CHIPS Act assistance but have not yet applied for it.

REQUIREMENT

Removed the requirement to submit a study report to legislative committees by September 15, 2026.

TIMELINE

Removed the sunset provision that would have ended the bill's effect on January 2, 2027.

FISCAL

Established a $15,000,000 maximum limit for expenses from the Oregon CHIPS Fund for the biennium ending June 30, 2027.

DEFINITION

Added references to the Oregon CHIPS Fund and covered entity definitions in the amended sections of existing law.

Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
7
Key actions
2
Committee
4
Jun 28, 2025
Lower · Passed
In committee upon adjournment.
lower
Apr 10, 2025
Committee
Referred to Ways and Means by order of Speaker.
lower
Apr 10, 2025
Lower · Passed
Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Ways and Means.
lower
Jan 17, 2025
Committee
Referred to Economic Development, Small Business, and Trade.
lower
Jan 13, 2025
Introduced
First reading. Referred to Speaker's desk.
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.