TAXATION – Amends existing law to revise a sales tax exemption for data center equipment and to revise a certain property tax exemption for certain capital investments.

Summary

The bill revises Idaho’s sales‑tax exemption for data‑center equipment, requiring qualifying businesses to invest at least $250 million and create 30 full‑time jobs within set time frames, and adds electricity‑rate and water‑notice conditions for projects starting after April 1 2026. It also narrows the property‑tax exemption for investments over $400 million to projects that began construction before April 1 2026 and that involve at least $1 billion in new plant and building investments. An emergency clause makes the changes effective immediately and retroactive to Jan 1 2026.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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