Governor Abbott Urges US Congress to Pass Critical Semiconductor Legislation | Texas Governor’s Office

July 21, 2022 | Austin, TX | Press release

Governor Greg Abbott today issued a statement urging the United States Congress to pass the CHIPS Act of 2022 to promote research, development, and manufacturing of semiconductors in Texas and the United States.

“Texas is a national leader in the semiconductor industry. More than 30,000 Texans work in this field and last year alone, Samsung and Texas Instruments announced major projects in Texas investing up to $47 billion, with the potential to create 5,000 new jobs. Texas has also been the top national exporter of semiconductors and other electronic components for 11 consecutive years, cementing “Made in Texas” as a powerful global brand and a beacon of innovation.

Congress has the opportunity to unlock even greater economic potential for Texas and the United States by passing the CHIPS Act of 2022. This legislation will help the United States cement a secure semiconductor supply chain, which is vital to our country’s economy and national security, and better equip Texas to compete for investment in this industry. The federal CHIPS Act of 2022 incentives will help Texas leverage our investments in the semiconductor industry, and the tax provisions will benefit semiconductor-related businesses already operating in the state, while attracting new business. ‘others looking to grow and grow.

I call on Congress to pass this legislation without further delay, so that Texas and the United States can continue to lead in semiconductors while reducing our dependence on foreign production and ensuring our national security.”

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