Looking to capture its share of the data center construction boom, the Wyoming State Senate has passed a bill that will provide certain tax breaks to companies choosing the state for their future projects.
The bill is seen as a key plank in securing a major data center project from Verizon Communications. Verizon has acquired a two-year option on 160 acres of land north of City of Laramie. However, the company has not yet made a final decision on whether to proceed with the project.
Verizon has stated if it chooses to move forward with the data center it could create up to 200 jobs and cost about $4 billion.
The state’s senate passed the bill providing for the tax breaks by a 24-5 margin. The bill will now go before the state’s House for approval.
The tax breaks are just one component of a multi-pronged effort the state is considering to lure more data centers to Wyoming. Governor Matt Mead is lobbying the legislature to make $14.5 million available to invest in infrastructure improvements to entice more companies to look at the state for their data center plans.
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