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Senate approves targeted sales-tax exemption for qualifying enterprise data centers (SB 3,002)

Utah State Senate · July 13, 2016
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Summary

Senate passed SB 3,002, a targeted economic-development bill defining 'qualified enterprise data center' and providing a post-performance sales-tax exemption for eligible machinery, equipment and repair parts. Sponsor argued the exemption is intended to attract substantial anchor investments and is structured so benefits accrue after in-state spending.

The Utah Senate approved SB 3,002 after floor debate about scale, fairness and fiscal effect. Sponsor Senator Bramble described the bill as a post-performance, narrowly targeted tax policy intended to attract anchor enterprise data centers rather than broadly subsidizing small startups.

"If you don't spend the money, you don't…

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