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Panel approves HB 1654 creating sales-and-use tax exemption for qualifying data centers
Summary
HB 1654 would exempt sales and use taxes for a data center locating in the state if it meets conditions: at least $500 million in project cost, at least $1 million in annual payroll, exemptions for equipment, certain services and electricity, and demonstration to ADC of no revenue impact. The committee approved the bill by voice vote.
The Senate Revenue & Tax committee approved House Bill 1654 after a sponsor presentation and no public testimony.
Senator Jonathan Dismang introduced the bill, saying HB 1654 "just creates an exemption for the sales and use tax for a data center if 1 were to locate in the state." He outlined three parameters the project must meet: a minimum…
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