Joint Semiconductors - 01.25.2023
The Joint Semiconductors Committee received testimony on proposals to create new tax incentives to lure investments from chip manufacturers.
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Hearing Summary
On Wednesday, the Joint Semiconductors Committee held its third hearing of the session. The co-chairs dedicated the agenda to the tax incentives recommended by the Semiconductor Task Force late last year. You can find a high-level breakdown of those incentives here. The House Economic Development & Small Business Committee also released an early draft of the legislative concept during the December legislative days. You can find our write-up on the hearing here.