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HB 2322 Oregon House · 2025 Regular Session

Relating to economic development; declaring an emergency.

Summary
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.
Bill status passed 3 of 5 stages cleared
Introduction
Jan 2025
Committee Review
Jun 2025
House Passage
Jun 2025
Senate Passage
Governor
Introduced Jan 13, 2025 Last action Jun 27, 2025
Maddy AI version diff · 2 comparisons

What changed between versions

A-Engrossed → B-Engrossed · 5 edits · Jun 25, 2025
MODERATE
The bill was amended to extend its timeline and clarify eligibility criteria for state CHIPS Fund grants. The House amendments added new definitions for 'covered entity' and 'targeted industry,' expanded the list of eligible industries beyond semiconductors, and clarified that grants can be awarded to businesses that may qualify for federal assistance but have not yet applied for it.
Scope change
The bill's scope expanded from focusing primarily on semiconductor manufacturing to include a broader range of targeted industries including metals, machinery, food and beverages, forestry, high technology, outdoor gear, apparel, and bioscience.
DEFINITION

Added new definitions for 'covered entity' and 'targeted industry' to clarify which businesses and economic sectors qualify for state funding.

ELIGIBILITY

Expanded eligibility to include businesses that could receive federal semiconductor assistance but have not yet applied for it, allowing state funds to support them regardless of federal application status.

TIMELINE

Changed the bill's ordering date from April 10 to June 23 and added June 23 as an amendment date, reflecting additional House consideration.

REQUIREMENT

Added specific requirements for the Oregon Business Development Department to develop a program for awarding grants and making loans to eligible businesses.

TECHNICAL

Added new sections defining federal semiconductor financial assistance and program grants and loans to provide clarity on federal-state coordination.

Floor votes · House Jun 25, 2025

How they voted

45–1
Passed · 13 other
Total votes 59
Jun 25, 2025
D Democratic36
32 Yea 4
88% Yea
R Republican23
13 Yea 1 Nay 9
56% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
17
Key actions
4
Committee
7
Jun 25, 2025
Introduced
Vote explanation(s) filed by Scharf.
lower
Jun 25, 2025
Committee
Referred to Ways and Means.
upper
Jun 25, 2025
Introduced
First reading. Referred to President's desk.
upper
Jun 25, 2025
Lower · Passed
Third reading. Carried by Nguyen D. Passed.
lower
Jun 23, 2025
Lower · Passed
Recommendation: Do pass with amendments and be printed B-Engrossed.
lower
Jun 18, 2025
Lower · Passed
Returned to Full Committee.
lower
Jun 12, 2025
Committee
Assigned to Subcommittee On Capital Construction.
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.