Gov. Abbott signs Texas CHIPS Act into law ‘to promote onshoring microchip production’

JTN: Gov. Greg Abbott signed the Texas CHIPS Act into law, less than a year after praising the federal CHIPS Act being signed into law last August.

The Texas CHIPS Act, HB 5174, filed by Rep. Greg Bonnen, R-Friendswood, received overwhelming bipartisan support. The bill passed by a vote of 136-9 in the House and by 28-3 in the Senate.

At a bill signing on Friday posted on social media, Abbott said, “Texas ranks number 1 in the United States for semiconductor manufacturing for the expansion of the semiconductor industry.” The new law will “bolster Texas’ position nationally and internationally when it comes to semiconductors,” he said. more