Bill
HB 3137
Overview: HB 3137, Relating to establishing economic incentives for data centers to locate within the state, was introduced in the House on February 21, 2025 and is currently in th
Overview: HB 3137, Relating to establishing economic incentives for data centers to locate within the state, was introduced in the House on February 21, 2025 and is currently in the House Energy and Manufacturing committee.
Purpose and Intent: The bill aims to create economic incentives to attract data centers to locate within the state. The goal is to spur investment, job creation, and economic growth in the technology and data processing sectors.
Key Provisions:
- Provides sales tax exemptions on the purchase of equipment, machinery, and electricity used in the operation of qualifying data centers
- Offers property tax abatements for data centers that meet certain investment and job creation thresholds
- Establishes a grant program to assist with the construction and development costs of new data centers
Affected Parties and Impacts:
- Data center operators and technology companies would benefit from the tax incentives and grants
- Local communities could see increased economic activity and job opportunities from new data center investments
- The state government would forgo some tax revenue in the short-term to incentivize data center development
Procedural and Timeline Considerations:
The bill is currently under consideration in the House Energy and Manufacturing committee. If passed by the House, it would then move to the Senate for further review and potential amendments before a final vote.
Compiled from official sources — confirm details with the bill’s official record.
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