A bill designed to attract a billion-dollar data center to Nebraska has advanced in the Legislature, but not before lawmakers opened up the possibility that existing Nebraska companies could also obtain a tax break.
Lawmakers on Friday approved a bill to offer a sales tax refund for data center projects that invest at least $200 million in new money and employ at least 30 new employees.
Construction for secret data center initiative, known only as "Project Edge," could begin in May. Kearney is the likely site for Project Edge, but Nebraska is in a race with Iowa.
Sen. Abbie Cornett changed the bill on Friday to lower the
investment threshold from $300 million to $200 million, a move that
also opened the tax break to companies already in Nebraska.
