WASHINGTON (WCMH) – Only President Joe Biden’s pen stands in the way of Intel’s most wanted bill for Ohio as of Thursday.
The U.S. House of Representatives voted 243-187 to pass the CHIPS and Science Act just one day after its counterpart, the Senate, passed the same legislation. Also known as CHIPS-plus or the CHIPS Act, lawmakers have modded the legislation multiple times since its inception a year ago.
The CHIPS Act had seen delays and changes all the way to July 2022. It was first introduced as a stitch in the United States Innovation and Competition Act of 2021, then stripped out as its own piece of legislation in hopes of finding better bipartisan support, then added to H.R. 4346 acting as an unrelated “legislative vehicle,” as recently as Wednesday. This will be the first time the proposals in the CHIPS Act have cleared Congress to go before the president to sign into law.
Intel, Biden and numerous Ohio politicians have pushed for the passage of CHIPS. The semiconductor-making corporation, which plans to invest around $20 billion to build a chip fabrication plant in New Albany, would get a share of another $52 billion to supplement its Ohio project. The bill provides the money in incentives and tax credits for semiconductor manufacturing firms like Intel to build more U.S. facilities in a gamble to compete with international chip makers.
Ohio Gov. Mike DeWine gave a statement after news broke of the bill’s passage.
“This $52 billion investment to domestically produce semiconductor chips on American soil will strengthen our national security, help fuel economic growth, and turn Ohio into a nationwide semiconductor powerhouse,” DeWine said. “As Intel begins construction in Licking County to bring its most advanced semiconductor manufacturing facilities to our state, Ohio is on its way to becoming an indispensable player in the semiconductor industry.”
Intel spokeswoman Linda Qian previously shared comments from the company when the Senate passed the bill.
“We will move forward together to advance American leadership in semiconductor manufacturing and [research and development], and strengthen American national and economic security,” Qian said.
in June, Intel Corporation announced it would delay the groundbreaking ceremony for the Ohio plant because the CHIPS Act was stalled in Congress. When NBC4 asked if a new groundbreaking ceremony date would be set with CHIPS clearing the Senate, Qian said there was no date as of Wednesday. However, in a confident move, Intel sent construction crews at the beginning of July to begin early work at the New Albany site anyway.