Bill > H2792

This bill aims to provide sales and use tax exemptions for qualified data centers in the Commonwealth of Massachusetts. The key provisions are: 1. The Secretary of the Executive Office of Housing and Economic Development, in consultation with the Commissioner of Revenue, will determine the qualifications for a "qualified data center" to be eligible for the sales and use tax exemption. This includes requirements such as the data center having at least 100,000 square feet and $50 million in eligible costs within a 10-year period. 2. The data center owner or operator must apply for certification as a qualified data center, and the Secretary will review and certify the center if it meets the requirements. The certification provides details on the effective date, square footage, costs, and qualification period (20 years). 3. The sales and use tax exemption applies to the purchase of eligible data center equipment, computer software, electricity, and construction costs for the qualified data center. 4. The Secretary and Commissioner can revoke the certification if the data center is found to be in "material noncompliance" with the requirements, and the tax benefits would then be disallowed. 5. The Commissioner of Revenue is required to promulgate regulations for the administration of the tax exemption program.