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Leaders in Oregon want the federal government to award the state a National Semiconductor Technology Center. As much as $5 billion in CHIPS Act funding could go towards the new center.
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President Biden was in the battleground state of Arizona to make the biggest announcement yet in his plan to bring semiconductor manufacturing back to America.
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Tina Kotek is getting ready to dole out $240 million that could lead to more than $40 billion in investments.
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Oregon state lawmakers returned to Salem on Tuesday and worked at frenzied speed to make their way through a pile of policy and budget bills that had piled up during the six-week legislative walkout. One of the big-ticket items on the list: A $1 billion commitment to fund Oregon’s share of the mega-project to replace the Interstate 5 bridge over the Columbia River connecting Portland and Vancouver.
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The House approved Senate Bill 4 with broad bipartisan support. Lawmakers will next consider tax breaks for semiconductor companies.
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The proposal would grant Gov. Tina Kotek unprecedented power to alter where development is permitted around Oregon cities.
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For exactly 50 years, Oregon’s farms and forests have been protected from urban sprawl by the nation’s first statewide law creating urban growth boundaries
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Initial legislation aimed at boosting the semiconductor industry would also allow the governor to change urban growth boundaries.