RI H7695

Creates a 30-year sales and use tax exemption for qualified data center equipment, including servers, cooling systems, power infrastructure, and related technology purchases

Requires minimum capital investment of $200 million for data centers in designated enterprise zones or federal opportunity zones, or $400 million for locations outside these zones, within 6 years of certification

Mandates $30 million minimum expenditure on direct and indirect labor for construction and installation, plus $10 million investment in renewable energy or energy storage systems located in Rhode Island

Imposes ongoing annual labor expenditure requirement of $5 million after the sixth year through the thirtieth year of certification, with penalties of 7-10% on shortfalls for noncompliance

Applies existing labor standards for renewable energy projects to qualified data centers, including requirements for approved apprenticeship programs and labor peace agreements (excluding maintenance work)