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Bill > HB559
GA HB559
GA HB559Sales and use tax; exemption for certain high-technology data center equipment; revise sunset date
summary
Introduced
02/20/2025
02/20/2025
In Committee
Crossed Over
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
AN ACT To amend Code Section 48-8-3 of the Official Code of Georgia Annotated, relating to exemptions from sales and use tax, so as to revise a sunset date for an exemption for certain high-technology data center equipment; to provide for related matters; to repeal conflicting laws; and for other purposes.
AI Summary
This bill updates an existing Georgia sales and use tax exemption for high-technology data center equipment by changing the sunset date (the date when the tax exemption expires) from December 31, 2031, to December 31, 2026. The legislation specifically relates to equipment used in high-technology data centers that meet certain investment thresholds. By adjusting the sunset date, the bill extends the current tax exemption for these specialized technology infrastructure investments for an additional five years, potentially encouraging continued development and investment in data center facilities within the state. The tax exemption applies to equipment incorporated or used in qualifying high-technology data centers during the specified time period, which began on July 1, 2018, and will now continue through the end of 2026.
Committee Categories
Budget and Finance
Sponsors (5)
Last Action
House Second Readers (on 02/21/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.legis.ga.gov/legislation/70610 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20252026/233269 |
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