Mo. House endorses incentives for data centers
Thursday, February 9, 2012
JEFFERSON CITY, Mo. (AP) — Missouri House members have endorsed new incentives aimed at persuading companies to bring their computer data centers to Missouri
The legislation would offer sales tax exemptions for equipment and utilities to companies that operate data centers. Supporters say the incentives would help keep Missouri competitive with neighboring states to attract what is a $27 billion industry nationwide, according to one estimate.
House Budget Committee Chairman Ryan Silvey, a Republican from Kansas City, is sponsoring the legislation. He says attracting data centers would help create jobs and increase the revenue available to state government. Lawmakers have considered similar proposals in the past.
The measure has been endorsed in the House and would need another vote before moving to the Senate.
Data centers incentives is HB1311