Texas lawmakers question whether multibillion-dollar data center tax break still benefits the state
Headline from Texas Standard
Thirteen years ago, when Texas created the tax deal for data centers, state lawmakers expected to lose — at most — $14 million in tax revenue in Texas’ next 2-year...
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As the AI infrastructure build-out continues to meet headwinds from concerned citizens, three states recently signed laws ending what had been the largely-standard practice of exempting data center operators from paying sales taxes.
Twelve years ago, Texas started offering big tax exemptions to entice new data centers. Now, the political climate has changed, and lawmakers say it’s time to reconsider those tax breaks. Debate over data center tax breaks A law that took effect in 2014 allows large tax breaks to entice new data cen…
A group of advocates is calling for more environmental protections from the effects of data centers. This comes as a Senate committee is looking at how much revenue the state may have lost by giving tax exemptions to data centers.
Texas lawmakers recently examined sales tax incentives for data centers during a Senate Finance Committee hearing, noting that the exemptions could cost the state $3.3 billion in forgone taxes by the 2028-29 budget cycle.
By Paul Cobler, The Texas Tribune Texas’ multibillion-dollar estimate for what it will lose on sales tax breaks for data centers is growing, but the Comptroller’s Office warned lawmakers on Monday they have little information about whether data centers are meeting their promises to be eligible for t…
Thirteen years ago, when Texas created the tax deal for data centers, state lawmakers expected to lose — at most — $14 million in tax revenue in Texas’ next 2-year...
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