Categories: Chicago

Data Centers Recieve Credits & Incentives from Illinois

The data centers investment program provides owners and operators with exemptions from a variety of state and local taxes for qualifying Illinois data centers. The program also provides data center owners and operators with a tax credit of 20% of wages paid for construction workers for projects located in underserved areas.

Eligibility

New and existing data centers and their tenants collectively making a capital investment of at least $250 million over a 60-month period.

The data center owner/operator and its tenants create at least twenty (20) full-time or full-time equivalent new jobs associated with the operation or maintenance of the data center.

Total compensation for these jobs must be equal or exceed 120% of the median wage paid to full-time employees in the county where the data center is located.

The data center must also be carbon neutral or attain certification under one or more green building standards.

In order to receive the construction employment tax credit, the project must be located in an underserved area based on certain statutory criteria.

Certification

Qualifying Illinois data centers must apply to the Department for certification for the program.

Certified data centers must enter into a memorandum of understanding with the Department.

Containing statutorily-required terms and other terms deemed necessary by the Department.

The data center tax exemptions have a 20-year life span, which will result in 5-year increment certificates that are renewable assuming continued compliance with the relevant statutory, rule, and contractual provisions by the data center.

Jackson Sorbo

Managing editor of the Chicago Morning Star

Recent Posts

Illinois bill opens beauty career apprenticeships

Illinois could soon expand career pathways for barbers, cosmetologists, nail technicians, and hair braiders through a new apprenticeship-based licensing system.…

1 day ago

Phillies, White Sox set for decisive series finale

The Philadelphia Phillies and Chicago White Sox will meet Sunday afternoon with their three-game series tied and a series victory…

3 days ago

How Chicago built the world’s first skyscraper

Long before Chicago became known for its towering skyline, one building changed the future of architecture worldwide. The Home Insurance…

4 days ago

Giants crush Cubs with 18-run outburst

The San Francisco Giants unleashed one of their most explosive offensive performances of the season Friday, defeating the Chicago Cubs…

4 days ago

Caleb Williams lands Madden NFL 27 cover

Chicago Bears quarterback Caleb Williams has made franchise history after being selected as the cover athlete for EA Sports' "Madden…

1 week ago

Bears stadium bill stalls in Illinois House

Illinois lawmakers ended the 2026 spring legislative session without approving a proposal that could have strengthened the state’s effort to…

1 week ago

This website uses cookies.