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Texas to Approve Data Center Tax Incentives Bill; Rep. Harvey Hilderbran Comments

ITphotoThe House has approved a bill that will give data center operators in Texas tax incentives if they create jobs and invest $200 million in five years in the state, Data Center Knowledge reported Wednesday.

Jason Verge writes that in order to qualify for the tax breaks, data centers must create 20 new full-time jobs and occupy at least 100,000 square feet of building space.

Pending Gov. Rick Perry’s approval, the tax breaks will apply to any data center that meet the requirements on or after September 1, 2013.

House Ways and Means Committee Chairman and Kerrville Rep. Harvey Hilderbran said Texas is a “very competitive state for large data centers in terms of our economy, geography and climate, but we haven’t been in terms of our tax code.”

Data center companies Stream Data Centers and Capstar have expressed support for the bill.

 

 

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