Bill > SF4203

This bill modifies the sales and use tax exemption for data centers in Minnesota, primarily by redefining what constitutes a "qualified large-scale data center" and introducing a new definition for "enterprise information technology equipment." Specifically, a qualified large-scale data center will now be defined as a facility with at least 25,000 square feet, connected by fiber, and requiring a collective investment of at least $250 million in construction, refurbishment, enterprise information technology equipment, and software within a 60-month period starting after June 30, 2025. "Enterprise information technology equipment" is clarified to include computers and related hardware for computing, networking, and data storage, essential for the operation of these centers. The bill also makes several technical amendments to existing statutes concerning data center exemptions, including adjustments to square footage requirements for qualified data centers and changes to certification and compliance timelines, with most provisions taking effect on July 1, 2026.