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OH SB374
Bill
Status
Introduced
3/11/2026
Primary Sponsor
Kent Smith
Click for details
AI Summary
- Amends Ohio Revised Code section 122.175 to set a deadline of October 1, 2027 for the tax credit authority to enter into new data center sales tax exemption agreements
- Existing exemption program allows data centers making at least $100 million in capital investments over 3-6 consecutive years to receive up to 100% exemption from state sales and use taxes on equipment purchases
- Qualifying data centers must pay at least $1.5 million annually in employee compensation subject to state income tax withholding
- Exemption covers computer data center equipment including servers, cooling systems, electrical infrastructure, and building materials
- Existing agreements entered into before the October 2027 deadline would continue in effect under their original terms
Legislative Description
Prohibit new data center sales tax exemptions
Taxation
Last Action
Introduced
3/11/2026
Full Bill Text
No bill text available