Bill > HB3137

This bill establishes economic incentives for data centers to locate within West Virginia by creating a comprehensive framework of tax benefits and policy support. The legislation defines a "qualifying data center" as a facility with a minimum $50 million capital investment, creating at least 50 new jobs, and using coal-generated electricity for 80% of its operational capacity. The bill provides several economic incentives, including a special property tax treatment that allows data centers to be assessed at salvage value (no more than 5% of total value), a sales and use tax exemption for equipment and property used in data center operations, and a commitment to supporting coal-generated electricity. The legislative findings emphasize that attracting data centers will foster economic growth, create high-quality jobs, improve technological infrastructure, and provide opportunities for workforce development, particularly in rural or economically distressed areas. The bill aims to position West Virginia as a competitive destination for large-scale data center investments by leveraging the state's geographical advantages, affordable electricity from coal-fired power plants, and strategic partnerships with educational institutions. Moreover, the legislation seeks to support local coal production and electricity generation while promoting technological advancement and digital economic opportunities.