Source: United States Senator for Ohio Rob Portman
July 29, 2022 | Press Releases
AKRON, OH – Today, U.S. Senator Rob Portman (R-OH) attended the Greater Akron Chamber of Commerce and Akron Friends Thank You Breakfast. During the breakfast, Portman spoke about current legislative priorities in Congress, including the CHIPS Act to reshore our nation’s semiconductor industry and its potential to bring significant economic development to Ohio. The CHIPS Act passed the Senate on Wednesday and the House on Thursday. It will now be sent to the president’s desk for signature. Portman also talked about the need for Congress to pass the United States Innovation and Competition Act (USICA) and the FY 2023 National Defense Authorization Act (NDAA).
“It was great to be with the Greater Akron Chamber of Commerce this morning to provide them an update on my work in Senate. During the last few months of my tenure, I am focused on a few different priorities that will greatly impact Ohioans, such as keeping America competitive through the CHIPS Act, which just passed the Senate this past Wednesday,” said Senator Portman. “I also want to thank the Chamber for being supportive of my bipartisan Infrastructure Investment and Jobs Act, which became law last November. Over the next few years, we’ll get to see the positive effects of the bipartisan infrastructure law in Akron and around the country.”
Senator Portman briefly touched on his bipartisan Infrastructure Investment and Jobs Act, which was signed into law last November. He thanked the Akron Chamber for their support of the legislation and spoke of the benefits the bill will bring to the Akron area. Portman also touched on grants Akron received – such as the TIGER, now RAISE, grants – which have made improvements to the Downtown Promenade and along Main Street. During his time in the Senate, Portman was supportive of Akron receiving said grants.
Today’s breakfast was held at the Bowery Project, a $40 million development project aimed at continuing the revitalization of downtown Akron. This project was funded in part by $16 million in New Markets Tax Credits (NMTC) and more than $6.4 million in Historic Tax Credits (HTC), two key tax incentives Senator Portman fought to preserve during the tax reform debate in 2017.
Photos from today’s event can be found below:
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