Federal Updates

Jul 21, 2022 | Advocacy

Jeffry D. Harris
Bricker & Eckler LLP

 

CHIPS Act’s subsidies for semi-conductor manufacturing steps into the batting circle, now with a bigger bat.  Is it the next batter-up in Congress?  With Sen. Manchin’s (D – West Va.) death blow dealt to the Biden Administration’s climate change legislation in the U.S. Senate, the blockade of the pending CHIPS Act imposed by the Senate Minority Leader Mitch McConnell (R – Kentucky) appears to have been removed.  On Tuesday, July 19, the Senate held a test vote (64-34) to move forward with the semi-conductor manufacturing subsidy measure that had stalled previously in Congress, and now with a bigger impact.

Specifically, Senator Majority Leader Chuck Schumer (D – New York) added to the CHIPS Act’s initial $52B in manufacturing subsidies another $250B to support for R&D of semi-conductor technology, with a targeting of those federal funds to industrial regions that were particularly hard hit by offshoring of the country’s manufacturing industries since the 1970s.  (Read: Ohio)

Reporting indicates the new and improved CHIPS Act could pass the Senate yet this week, with the House looking to take up the measure for a vote as early as next week (the week of July 25).  The well-publicized (and intricately followed) Intel semi-conductor fab assembly site announcement in Central Ohio has been directly keyed to the successful passage of the CHIPS Act, in whatever form emerges from Congress.

A Stronger Workforce through Understanding Mental Health and Addiction

About three months ago, we launched our Recovery Within Reach campaign, a first-of-its-kind effort to educate Ohioans about the financial effects of opioid addiction — and to connect them with treatment options close to their homes.

Our goal is to create a new way of talking about addiction, one in which people consider the facts and practical realities of how substance use disorder affects their lives. Not long ago, Gov. Mike DeWine challenged all of us in state government to think of ways we could help Ohioans navigate the opioid crisis that has affected our state for so long. For us, that meant considering the financial effects of addiction — and providing tools and trainings to help Ohioans and financial advisers talk about addiction and access care.

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Newark Development Partners continues to make strides in Downtown Newark

Newark Development Partners (NDP), the community improvement corporation for the City of Newark, continues to further development in the Downtown through various projects. The sale of the Hudson Avenue Church with surrounding property, the renewal of the Downtown Special Improvement District and the commencement of construction at the Historic Arcade are all recent successes for the City of Newark.

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