This bill amends and reenacts R.S. 47:305.73 and enacts R.S. 47:303.1(B)(5) to establish a state and local sales and use tax rebate for certain communications service equipment and data center equipment in Louisiana. It introduces definitions for terms such as "approved data center facility," "data center equipment," and "fiber-optic cable equipment," and outlines the eligibility criteria for taxpayers to receive rebates. Specifically, a Direct Payment Number will be issued to taxpayers who enter into agreements with the state under R.S. 47:305.73, allowing them to possess this number for the duration of their agreement.

The bill also specifies that approved data center facilities can receive annual rebates for state and local sales and use taxes paid on eligible data center equipment and related expenditures, with eligibility starting from July 1, 2024. To qualify, data center operators must create a minimum of fifty new jobs and invest at least $200 million in capital within a specified timeframe. Additionally, the bill includes provisions for the processing of rebate requests by the Department of Revenue and local taxing authorities, and it allows for the promulgation of rules to facilitate the implementation of these tax rebates.

Statutes affected:
HB827 Original:
HB827 Engrossed:
HB827 Reengrossed:
HB827 Enrolled:
HB827 Act 730: