S.B. 397 of 2020 created a sales and use tax exemption for certain qualified personal property used by data centers that meet the qualifications specified in the law. Eligible equipment includes HVAC equipment and energy storage systems. The business must invest at least $2 million in qualified data center personal property if the business located in a Tier 1 Area, and invest at least $5 million qualified data center personal property if the business is located in any other area in the State. The business must also create at least five qualified positions. The positions must be full-time, pay 150% of the State minimum wage, be filled for 12 months and be a "net new" job to Maryland. The business must create the minimum number of jobs in a three-year period.
| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | Maryland |
| Incentive Type: | Sales Tax Incentive |
| Web Site: | https://commerce.maryland.gov/fund/data-center-maryland-sales-and-use-tax-exemption-incentive-program |
| Administrator: | |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
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| Name: | S.B. 397 |
| Date Enacted: | 05/08/2020 |
| Effective Date: | 07/01/2020 |
| Name: | Kelly Adams |
| Organization: | Maryland Department of Commerce, Office of Fi |
| Address: |
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| Phone: | (410) 767-6438 |
| Email: | kelly.adams1@maryland.gov |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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