- Kansas enacted Senate Bill 98 to attract high-tech investment
- Offers a 20-year tax exemption for data center-related purchases
- Qualifying purchases include land improvements, buildings, IT equipment, lease payments, engineering and design services, labor for installation and maintenance
- Firms must commit to water conservation and purchase electricity for 10 years from a certified public utility
- Businesses must be registered in Kansas and engage in data processing, storage, or dissemination
- Must invest at least $250 million within five years and create a minimum of 20 jobs within two years
- Kansas Department of Commerce oversees the program with reviews every five years
- Exemption does not apply to telecommunications, wireless, or video service providers
- Reflects a trend in state tax policy adapting to technology-driven industries
Source: salestaxinstitute.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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