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Bill > SB545
KS SB545
KS SB545Providing a sales tax exemption for the construction or remodeling of a qualified data center in Kansas and the purchase of data center equipment, eligible data center costs, electricity and certain labor costs to qualified firms that commit to a minimum investment of at least $600,000,000 and meet new Kansas jobs and other requirements.
summary
Introduced
03/12/2024
03/12/2024
In Committee
03/26/2024
03/26/2024
Crossed Over
Passed
Dead
04/30/2024
04/30/2024
Introduced Session
Potential new amendment
2023-2024 Regular Session
Bill Summary
AN ACT concerning sales taxation; relating to economic development; providing a sales tax exemption for the construction or remodeling of a qualified data center in Kansas and the purchase of data center equipment and eligible data center costs, electricity and certain labor costs to qualified firms that make a minimum investment of at least $600,000,000 and meet new Kansas jobs and other requirements; amending K.S.A. 2023 Supp. 79-3606 and repealing the existing section.
AI Summary
This bill provides a sales tax exemption for the construction or remodeling of a qualified data center in Kansas, the purchase of data center equipment and eligible data center costs, electricity used by the data center, and labor services to install, apply, repair, service, alter or maintain data center equipment. To qualify, a firm must make a minimum investment of at least $600 million and meet new Kansas jobs and other requirements. The bill establishes the criteria for a "qualified data center" and "qualified firm," as well as the process for applying for and maintaining the sales tax exemption.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Assessment and Taxation (Senate)
Last Action
Senate Died on Calendar (on 04/30/2024)
Taxonomy
Macroeconomics
- ‐ Industrial Policy
- ‐ Taxation, Tax Policy, and Tax Reform
Space, Science, Technology, and Communications
- ‐ Internet and Computer Issues
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://kslegislature.org/li/b2023_24/measures/sb545/ | 03/12/2024 |
| Senate Committee on Commerce Report | https://kslegislature.org/li/b2023_24/measures/documents/cr_2024_sb545_s_3863.pdf | 03/26/2024 |
| Analysis - Supplemental Note: As introduced | https://kslegislature.org/li/b2023_24/measures/documents/supp_note_sb545_00_0000.pdf | 03/26/2024 |
| Fiscal Note - Ficsal Note: As introduced | https://kslegislature.org/li/b2023_24/measures/documents/fisc_note_sb545_00_0000.pdf | 03/18/2024 |
| BillText | http://kslegislature.org/li/b2023_24/measures/documents/sb545_00_0000.pdf | 03/12/2024 |
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