HB 4104 Oregon House · 2026 Regular Session

Relating to economic development; declaring an emergency.

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. 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.

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2026

Committee Review

Floor Vote

Governor

Introduced Feb 2, 2026 Last action Mar 7, 2026

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What changed between versions

Introduced → A-Engrossed · 4 edits

MODERATE

The bill was amended to remove specific definitions and provisions related to 'covered incentive' and 'federal semiconductor financial assistance' that referenced federal law, while retaining the core program structure for state CHIPS Fund grants. The amendment also removed a list of specific industries that were previously included in the definition of 'targeted industry', narrowing the scope slightly. These changes appear to be technical clarifications to align the bill's language more precisely with federal terminology and to streamline the targeted industry definition.

Scope change

The bill's scope was slightly narrowed by removing specific industry examples from the 'targeted industry' definition and removing explicit references to federal definitions for 'covered incentive' and 'federal semiconductor financial assistance'.

DEFINITION

Removed the definition of 'covered incentive' that referenced 15 U.S.C. 4651(3).

Removed the definition of 'federal semiconductor financial assistance' that referenced specific sections of 15 U.S.C. 4652 and 4656.

SCOPE

Removed specific industry examples (metals and machinery, business services, food and beverages, forestry and wood products, high technology, bioscience and outdoor gear and apparel) from the 'targeted industry' definition.

REQUIREMENT

Removed the requirement that program grants and loans be treated by the U.S. Secretary of Commerce as covered incentives.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 7, 2026

Lower · Passed

In committee upon adjournment.

lower

Feb 16, 2026

Committee

Referred to Ways and Means by prior reference.

lower

Feb 16, 2026

Lower · Passed

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

lower

Feb 2, 2026

Committee

Referred to Economic Development, Small Business, and Trade with subsequent referral to Ways and Means.

lower

Feb 2, 2026

Introduced

First reading. Referred to Speaker's desk.

lower

3 primary · 10 co-sponsors