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Pritzker Halts New Data-Center Tax Incentives July 1

By Drooid · · How we work

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Story summary
  • Gov. JB Pritzker halted new data-center tax incentives on July 1, keeping existing incentives.
  • The Economic Policy Institute and University of Illinois project $57 billion in data-center investments through 2035.
  • The study forecasts about 121,000 jobs, of which only 2,800 are permanent.
  • Annual property tax could reach $300 million, potentially cutting local rates 3%–10% without abatements.
  • Data centers may raise residential electric bills $12 per month and increase grid costs about 10%.