Senate Bill 149 is signed: Missouri is primed for data center investment

Missouri Chamber

   

JEFFERSON CITY — With the passage of a new incentive package, signed into law today, Missouri is now poised to compete globally for data center investment and high-tech jobs.

With the governor’s signature, Senate Bill 149 will now allow data centers establishing in Missouri to receive state and local sales and use tax exemptions for their machinery, equipment and computers. Various data center utility expenses will also now be exempt from sales and use taxes. Similar incentives will be available to existing data centers in Missouri that expand and create new high-paying jobs. The bill was sponsored by Sen. Mike Parson, a Republican from Bolivar. Rep. Kevin Austin, a Republican from Springfield, handled the bill in Missouri House of Representatives and played an important role in its final passage.

The Missouri Chamber of Commerce and Industry worked for years to get this measure approved as a member of…

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