Sponsors of bill to exempt data center equipment from sales tax say it`s key to competing with other states


Sponsors of bill to exempt data center equipment from sales tax say it`s key to competing with other states


Microsoft`s proposed data center in Mount Pleasant would likely be the first beneficiary of a bill introduced Monday to exempt data center equipment, software and other costs from state sales and use taxes.

The bill`s authors, Rep. Shannon Zimmerman, R-River Falls, and Sen. Romaine Robert Quinn, R-Cameron, say the exemption is needed to attract tech companies that are rapidly developing networks of data centers to support their cloud computing customers...

See Also:

   ...more

Ken Notes: We need to be careful. The new project needs to create enough value to pay for the infrastructure investments needed for the project and already made in the area. I would do this with a development agreement a good development agreement. I also do not like legislation targeted at a single large project. Most of our jobs still come from smaller companies...

Share this article on you social outlets



Our Sponsors
- - Volume: 11 - WEEK: 19 Date: 5/10/2023 8:33:39 PM -