Friday, May 04, 2007

Austin, TX Data Center Tax Breaks

Even with all of the data centers being planned or built in Texas, Austin is proposing another tax break to help attract data centers. Democrat Senator Kirk Watson sponsored legislation that allows data centers to avoid paying school property taxes for up to 10 years.

The state then pays the missed taxes to the school district. The goal of this, of course, is to attract more businesses with higher paying jobs and compete with other cities offering incentives to companies.

Check out the complete details here.

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