Northwest Observer: Oregon CHIPS Act is Silicon Forest’s Latest Sugar Daddy

No matter which way you look at it, the Oregon CHIPS Act is costing taxpayer millions. The Act was passed in 2023 with a $210 million price tag. House Bill 4098, specifically provided that $190 million be allocated for grants and loans to semiconductor companies, $10 million for research at universities and $10 million to help with land development costs. But before it could be spent, Governor Kotek has robbed the fund of $5 million to help fund the new Oregon CHIPS Child Care Fund. So, which fund is she robing in Senate Bill 4 (2023)?

Download Right Now Oregon on the Google Play Store