House Ways and Means Committee Advances Bill That Would Provide Tax Break to Hoosier Data Centers
House Ways and Means Committee Advances Bill That Would Provide Tax Break to Hoosier Data Centers.
- (1888PressRelease) February 15, 2019 - INDIANAPOLIS, IN – Digital Crossroads (DX Hammond OpCo, LLC) announced earlier today, the Indiana House of Representatives Ways and Means Committee voted unanimously to advance HB 1405 to the House floor. The bill, designed to attract data centers and large technology companies to Indiana, provides financial and tax incentives for the development of new data center projects and ensures companies like Digital Crossroads of America Data Center in Hammond, Indiana, grow to their full potential. The bill is co-sponsored by state Rep. Ed Soliday R-Valparaiso.
“Peter Feldman and I brought this mission critical data center to Indiana due in part to the strong leadership at both the state and local levels,” said Tom Dakich of Digital Crossroads. “We’ve worked closely with Governor Holcomb and Hammond Mayor McDermott throughout the process to bring a potential $200 million investment to Hammond and today’s vote is another example of Hoosier leadership shown today by state Rep. Todd Huston R-Fisher and the entire Indiana House Ways and Means committee.”
Under HB 1405, servers, routers, wiring, software and other like components would be exempt from business personal property tax and the state’s sales tax. Additionally, electricity purchases by customers of these data centers will be exempt from state sales tax.
“Today, our lawmakers take the first important step in making Indiana the most competitive state for data center advancements,” said Peter Feldman, Chief Executive Officer of Digital Crossroads. “This bill creates tax incentives that uniquely position Indiana as a top-tier destination for data center developers and large technology companies.”
Next, HB 1405 will proceed to the House floor where it will be heard and voted on.
For additional information about Digital Crossroads of America Data Center, visit www.digitalcrossroadsdc.com.
About Digital Crossroads
Digital Crossroads at Lake Michigan, is a mission critical data center complex currently under construction and is located on the site of the former State Line Generating Facility, situated on the Chicago border, 12 miles from downtown Chicago along Hammond’s Lake Michigan shoreline. Digital Crossroads is set to be a high-capacity, energy efficient, state-of-the-art data center campus located on seventy-seven acres and will provide over one million square feet of data center space.
MEDIA CONTACT:
Amanda Fruland
+1.317.764.3507
iMiller Public Relations for Digital Crossroads
+1.866.307.2510
digitalcrossroads ( @ ) imillerpr dot com
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