HB2655 provides a retail sales and use tax exemption for new data centers in specific counties.

HB2655 introduces a tax exemption for sales and use taxes on the construction and equipping of new data centers in counties east of the Cascades that border another state and have a population of at least 500,000. The exemption applies to qualifying businesses and tenants of eligible server equipment and power infrastructure. To qualify, data centers must meet specific criteria, including size, security, and sustainable design standards. The exemption is intended to improve industry competitiveness, create jobs, and reduce tax structure inefficiencies.

HB2655 provides a retail sales and use tax exemption for new data centers in specific counties.

HB2655 introduces a tax exemption for sales and use taxes on the construction and equipping of new data centers in counties east of the Cascades that border another state and have a population of at least 500,000. The exemption applies to qualifying businesses and tenants of eligible server equipment and power infrastructure. To qualify, data centers must meet specific criteria, including size, security, and sustainable design standards. The exemption is intended to improve industry competitiveness, create jobs, and reduce tax structure inefficiencies.