HB 4906 Summary

• Extends data center equipment sales tax exemption through December 31, 2050 for qualified data centers and colocated businesses, with extensions to December 31, 2065 for brownfield or former power plant sites.

• Requires 400 data center industry jobs by January 1, 2022 and 1,000 such jobs by January 1, 2026 for exemption continuation for qualified data centers.

• Establishes new "enterprise data center" certification program requiring $250 million minimum capital investment, 30 qualified new jobs at 150% of regional median wage, and green building certification within 3 years of operation.

• Mandates enterprise data centers procure clean energy equivalent to 90% of forecasted annual electricity usage and prohibits receipt of state/local property tax benefits unless approved by local governing bodies.

• Halts issuance of new enterprise data center certificates after December 31, 2029; requires certificate revocation with repayment of tax exemptions if facility fails to meet requirements.