Limits tax abatements for data processing centers, requires collection of state sales and use tax on purchases, and extends sunset date for.

This bill limits the maximum exemption period for tax abatements available for data processing centers to years beginning January 1, 2027. It requires data processing centers to pay state sales and use tax on purchases made by certain large data processing centers beginning January 1, 2027. The bill also extends the sunset date applicable to abatements for data processing centers.

Limits tax abatements for data processing centers, requires collection of state sales and use tax on purchases, and extends sunset date for.

This bill limits the maximum exemption period for tax abatements available for data processing centers to years beginning January 1, 2027. It requires data processing centers to pay state sales and use tax on purchases made by certain large data processing centers beginning January 1, 2027. The bill also extends the sunset date applicable to abatements for data processing centers.