A bill to exempt AI data centers from bonus depreciation and require data center operators to submit certain information relating to electricity and water use by data centers, and for other purposes.
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Summary
Based on the bill's title, this legislation would modify tax treatment of artificial intelligence data centers by removing their eligibility for bonus depreciation tax benefits. The bill would also require data center operators to report information about their electricity and water consumption to federal authorities. The bill has been referred to the Senate Finance Committee for consideration.
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How your representatives voted
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