Minn. Bill Seeks Tax Break For Data Center Electricity

A Minnesota bill aims to provide tax breaks for data centers to lower their electricity costs, a move that could attract more technology companies to the state. The proposal would exempt data centers from paying sales tax on electricity, which supporters say would make Minnesota more competitive for data center development compared to neighboring states. Critics argue the tax break could reduce state revenue, but proponents counter that it would ultimately drive economic growth and job creation. The legislation is part of a broader push by state and local governments across the U.S. to incentivize data center investment through favorable tax policies.