Rhode Island S2346 establishes property, tangible, sales, and use tax exemptions for qualified data centers to incentivize their location in the.
Rhode Island S2346 amends the Rhode Island Commerce Corporation to create property, tangible, sales, and use tax exemptions for qualified data centers. These exemptions aim to attract and support the establishment of data centers in Rhode Island. The bill defines "qualified data center" and outlines the application process for obtaining tax exemptions. It also specifies the types of equipment and supplies eligible for exemption, including computer servers, routers, networking equipment, and other data center-related items.
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