The Missouri House of Representatives has given preliminary approval to a piece of last summer's failed economic development bill. On a voice vote, the House adopted a bill that would grant state and local tax exemptions on items related to data storage centres and server farm facilities. The tax breaks would apply to all utilities used by the centres as well as the cost of building or retrofitting facilities.
The bill is in keeping with Gov. Jay Nixon's goal of attracting high tech businesses to Missouri. The bill will directly help projects in Columbia and the Kansas City area in the short term. The bill still faces a final recorded vote before moving on to the state Senate.
Source: Ozark First
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