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ID H0217
Bill
Status
3/14/2017
Primary Sponsor
Revenue and Taxation Committee
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AI Summary
HB 217 Summary
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Establishes a sales and use tax rebate for qualifying business entities that invest in eligible server equipment for data centers located in Idaho.
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Existing data centers must invest at least $1,000,000 annually in eligible server equipment; new data centers created after January 1, 2017 must invest at least $25,000,000 within five years and create at least 20 new jobs within two years.
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Defines eligible server equipment to include servers, chillers, storage devices, generators, cabling, and software upgrades purchased after July 1, 2017 for data transmission, storage, and information technology services.
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Requires business entities to submit applications to the Idaho State Tax Commission within one year after the calendar year equipment was purchased, with the state tax commission authorized to promulgate rules and deny applications subject to appeal.
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Sunsets on July 1, 2024.
Legislative Description
Adds to existing law to provide a sales and use tax rebate to certain developers of certain information technology equipment companies, to provide definitions, to establish provisions regarding a claim, and to provide for approval by the tax commission.
SALES AND USE TAX REBATE
Last Action
Introduced, read first time; referred to: Local Government & Taxation
3/15/2017