The Idaho Semiconductors for America Act provides qualifying Idaho semiconductor companies with a sales and use tax exemption on the purchase of qualifying construction and building materials. To be eligible, companies must qualify for the U.S. CHIPS and Science Act of 2022.

Read more about the act here.

CHIPS and Science Act of 2022

The CHIPS and Science Act is federal legislation that provides funding for the development of facilities to research, manufacture and produce semiconductors and semiconductor-related materials and equipment. Qualifying companies will apply to the United States Secretary of Commerce and are eligible to receive no more than $3 billion per fab.

Read more about the act here and here.

You can also find information on the CHIPS Implementation Strategy here and here.