SB2619 Summary

• Creates a sales tax exemption for qualified tangible personal property used in the construction or operation of data centers, effective July 1, 2014 through July 1, 2024.

• Data centers must meet three requirements: create and retain at least 30 full-time equivalent jobs; pay employees at least 125% of the median wage in their county; and make a capital investment of at least $200,000,000 within a specified timeframe.

• Qualified tangible personal property includes electrical systems, cooling systems, emergency generators, servers, data storage devices, network connectivity equipment, software, and related mechanical and plumbing systems necessary for data center operations.

• Department of Commerce and Economic Opportunity must grant a Certificate of Exemption to eligible data centers before the exemption applies.

• Amends the Use Tax Act, Service Use Tax Act, Service Occupation Tax Act, and Retailers' Occupation Tax Act to implement the data center exemption.