Sen. Mike Parson (R-Bolivar) is one of four senators including Bob Dixon, Jay Wasson and Ryan Silvey, leading the charge in the Missouri General Assembly to bring high paying jobs to Missouri through data centers. Senate Bill 149 would create a new sales tax exemption for resources or equipment used or consumed in the production or facilitation of a data center, including utilities and electricity.
That provision will give Missouri a significant boost above other states wooing data centers and server farms. A data center is a facility used to house computer systems and associated components, such as telecommunications and storage systems.
“Companies are investing billions of dollars right now to build and establish data centers as the demand for storage of electronic data continues to grow exponentially,” said Tracy King, Missouri Chamber vice president of governmental affairs. The Missouri Chamber has been a lead advocate for this legislation and has testified on its behalf for several years.
“Missouri is enticing for data centers because of our low cost of power in comparison to other areas across the country,” King testified. “We also have the availability of fiber, protection from natural disasters compared to other states and we have a great IT talent pool here.”
Missouri is an ideal location for data centers because it is situated in a geographically low-risk location from natural disasters. Missouri boasts more than 15 million square feet of subterranean sites carved out of former limestone quarries, providing climate control, enhanced security and reduced vulnerability. The state’s central location and abundant, cost-effective power also makes Missouri a prime location for these facilities.
Similar legislation is sponsored by Sen. Bob Dixon, a Republican from Springfield and also includes gymnastics centers in the exemption.
For more information on tax issues or data centers, contact Tracy King, Missouri Chamber vice president of governmental affairs, at email@example.com, or by phone at 573-634-3511.