HB116
Retail Sales and Use tax; exemption for data centers.
Summary
As Introduced. Sales and use tax exemption; data centers.
Requires data center operators to meet certain energy efficiency standards in order to be eligible for the sales and use tax exemption for data center purchases. Under the bill, a data center operator shall be eligible for the exemption only if such operator demonstrates that (i) its facilities either (a) ... (More) have a power usage effectiveness score of no greater than 1.2 or (b) for data centers co-located in buildings with other commercial uses, achieve an energy efficiency level of no less than the most efficient 15 percent of similar buildings constructed in the previous five years and (ii) it will procure carbon-free renewable energy and associated renewable energy certificates from facilities equal to 90 percent of its electricity requirements or that its electricity will be otherwise derived from non-carbon-emitting, renewable sources. (Less)-
Bill History
- 01/01/2024 - House: Prefiled and ordered printed; offered 01/10/24 24101755D
- 01/01/2024 - House: Referred to Committee on Finance
- 01/21/2024 - House: Impact statement from TAX (HB116)
- 02/02/2024 - House: Assigned Finance sub: Subcommittee #2
- 02/06/2024 - House: House subcommittee amendments and substitutes offered
- 02/06/2024 - House: Subcommittee recommends continuing to 2025 with amendment(s)
- 02/07/2024 - House: Continued to 2025 with amendment(s) in Finance
