No Tax Breaks for Data Centers Act

This bill would change federal tax law so that data centers cannot count as qualified opportunity zone businesses. Opportunity zone businesses can receive investments that qualify for federal tax benefits under the Internal Revenue Code. The bill also makes a related wording change to the definition of qualified opportunity zone business property. The changes would apply only to stock, ownership interests, and property acquired after the bill becomes law.

Full text and official record on Congress.gov

Sponsors

• Josh Hawley Republican sponsor
• 0 cosponsors