No Tax Breaks for Data Centers Act

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 5418 Introduced in Senate (IS)]

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119th CONGRESS
  2d Session
                                S. 5418

To amend the Internal Revenue Code of 1986 to exclude data centers from 
        the definition of qualified opportunity zone businesses.

_______________________________________________________________________

                   IN THE SENATE OF THE UNITED STATES

                           September 16, 2026

  Mr. Hawley introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL

 
To amend the Internal Revenue Code of 1986 to exclude data centers from 
        the definition of qualified opportunity zone businesses.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``No Tax Breaks for Data Centers 
Act''.

SEC. 2. DATA CENTERS EXCLUDED FROM DEFINITION OF OPPORTUNITY ZONE 
              BUSINESS.

    (a) In General.--Section 1400Z-2(d)(3)(A)(iii) of the Internal 
Revenue Code of 1986 is amended by inserting ``and is not a data 
center'' after ``section 144(c)(6)(B)''.
    (b) Conforming Amendment.--Section 1400Z-2(d)(2)(D)(i) of such Code 
is amended by striking ``trade or business'' and inserting ``qualified 
opportunity zone trade or business''.
    (c) Effective Date.--The amendments made by this section shall 
apply to stock, capital or profits interests, and property acquired 
after the date of the enactment of this Act.
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