OMB Approves CHIPS Funding Limitation NPRM
Yesterday, the OMB’s Office of Information and Regulatory
Affairs (OIRA) announced
that it had approve a notice of proposed rulemaking (NPRM) from the DOC’s National Institute for Science and Technology
on “Preventing the Improper Use of CHIPS Act Funding”. This rulemaking was
not listed in the Fall 2022 Unified Agenda, so an official description of
the purpose and scope of the rulemaking is not publicly available. This NPRM
could be published later this week.