Bill would offer incentives to Idaho's data centers


Save Story
Leer en español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

BOISE, Idaho (AP) — Idaho would join 20 other states currently offering sales tax incentives to data centers under newly introduced legislation.

Officials with the Idaho Department of Commerce are backing a measure that would offer sales tax rebates to eligible server equipment, which are typically replaced every three to five years in a data center.

The House Revenue and Taxation Committee unanimously agreed to send the proposal to a full legislative hearing on Monday.

Bobbi-Jo Meulemann, the agency's chief operations officer, says seven data centers are already located in Idaho, but this bill would help make the state more competitive for other data centers looking to relocate to the Gem State.

The estimated cost of the bill would result in an annual reduction of the state's general fund budget by $531,000.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast