Montgomery County Commission approves tax breaks for Google’s data center
The Montgomery County Commission in Missouri unanimously approved tax breaks for Google's $1.5 billion data center project. This decision was confirmed by Presiding Commissioner Ryan Poston and was made under Missouri's Chapter 100 law.
The Montgomery County Commission in Missouri recently voted unanimously to approve significant tax breaks for Google's proposed $1.5 billion data center. The decision, confirmed by Presiding Commissioner Ryan Poston to ABC 17 News, facilitates the development of a large-scale data center project that was initially announced last month.
The tax incentive plan was structured under Missouri's Chapter 100 law, which allows for counties to issue taxable industrial revenue bonds to promote economic development. A cost-benefit analysis, previously reported, indicates that Google will be required to maintain at least 75 high-wage jobs per building as part of the agreement. This approval marks a crucial step forward for Google's investment in Montgomery County.