Montana SB540 revises property tax classifications for certain data centers and communications infrastructure.

Montana SB540 revises the property tax classification for certain data centers and communications infrastructure. The bill defines a qualified data center as a facility designed to house networked computers, subject to local assessment if it exceeds $500 million in market value. Dedicated communications infrastructure, such as telecommunication or data lines, must be centrally assessed if it spans multiple counties or states, or locally assessed if it is within a single county.

Montana SB540 revises property tax classifications for certain data centers and communications infrastructure.

Montana SB540 revises the property tax classification for certain data centers and communications infrastructure. The bill defines a qualified data center as a facility designed to house networked computers, subject to local assessment if it exceeds $500 million in market value. Dedicated communications infrastructure, such as telecommunication or data lines, must be centrally assessed if it spans multiple counties or states, or locally assessed if it is within a single county.