Ends Tax Breaks for Data Centers in Opportunity Zones
This bill would end special tax breaks for data centers built in certain low-income areas. Currently, these data centers can get tax benefits, but this bill would stop that. This means investors would no longer get tax advantages for putting money into data centers in these zones.
Today, data centers can qualify for special tax benefits if they are located in designated "opportunity zones." If this bill becomes law, data centers would no longer be eligible for these tax benefits, meaning investors would not get tax advantages for putting money into them in these zones.
S 5418 · 119th Congress · AI Summary by gemini-2.5-flash · 9/10
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