Data Center Bill Passes First Hurdle

This week, the Senate Revenue Committee approved SB 1591(Sims) that will be brought back with an additional amendment in the coming week. The legislation is an initiative of the Illinois Chamber and would create a sales and use tax and electricity excise tax exemptions for data centers.  Today, 30 states (from Washington to Florida, New York to Arizona) have incentives that are specifically targeted at attracting data centers as part of expanded economic development efforts. However, 24 of these states have enacted legislation since 2012 in an effort to capture a greater percentage of the growth. Illinois is surrounded by states that offer data center incentives. The legislation is designed to compete with surrounding states and to help boost our demand for data centers and therefore strengthen our stature as a digital powerhouse.

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