Alabama lawmakers, economic developers and business leaders are hoping a bill meant to lure data centres will create jobs and boost capital investment throughout the state. The bill would extend tax breaks for companies building data centres that employ at least 20 people earning an average pay of US$40,000, and supporters say it will level the playing field as Alabama competes with other states for the projects.

The Alabama Data Processing Center Economic Incentive Enhancement Act of 2012, or HB154, passed the House earlier this month on a vote of 72-18. It's now in the Senate committee on Finance and Taxation Education. If it gains approval this session, the bill would reduce the employment level a data centre project needs in order to qualify for tax credits from 50 jobs to 20, as long the average wage requirement is met. The bill also would extend the period for tax abatements from 10 years to 30.

Source: Al.com

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