Louisiana Hands Meta a Tax Break and Power for Its Biggest Data Center
The Agreement sets out in the hired timers that the company must be receiving to receive the highest property of the highest property, anointed by 20375, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475, 475 and 500
Louisiana's agreements ask for more than some tax subsidies of the States. According to good jobs first, almost Half of Stabs Consignment Sestaers Sestaers Do not FREE OKS NEW BAM DAMAGE. But Miller has concerned that the taxpays were not necessary at all to lure a business as large as a meta. “While everyone like to avoid taxes they will not hire people in Richland [Parish] Just because they will get a tax return, “Says Miller.
Louisiana had already Changed a tax return to create an exemption for Data centers in 2024 meta lure; In her last iteration, that data centers exemption can receive for equipment in the state because they have been hired, investing that this in the Richland Parish Data Center, besides the pilot agreement.
Good jobs first says at least 10 states have grants for DATA Sintirs that are more than $ 100 million, and “have shrugded one in DATES INTO DATES INTAVES;” According to their data. In total, these states are more than $ 3 billion in tax in-tax returns for data centers. Texas revised the cost of their Subscent grant subsidy in 2025 from $ 130 million to $ 1 billion. In 2024 a pause at the Subsidies of Data Center passed in Georgia But vete by Governor Brian Kemp.
The Franklin Farms site in Holly Ridge, the area of Richland Parish, where Meta's Data Center is built by Louisiana specific for economic development projects. In his landless offered with Meta, offered Louisiana The 1,400-Acre-Plot for $ 12 million, which says the lease that the cost was the cost to get the country and maintain the land. The lease also says $ 732000 a year “Rent” is “Credit for the action Prize,” that means that the company will have paid for the premises by a little over 16-year.
The price for the potential sale would be slightly higher than Meta has not reached and an example, if Meta is only in advance of $ 5 billion, the property it would end it? Louisiana Economic development reserves the right to influence the property at least $ 3.75 billion to recover, “We love you,” We will keep you informed about our future plans. “
The presence of meta has already caused land values to jump. A nearby tract of 4000 hectarre land in Holly Ridge is for sale for $ 160 millionIf $ 40,000 per acre-over 4.5 times paid by Louisiana for the data center page.
But there is also a worry that meta can delay or delay or leave the data center project. The Piloat Agreement Signed The State Signed The State Issues Departure of the Company, Qualifiable Elphiciability of Qualifying Workers to Construct and / as weather conditions. “
“My general fear is that too many data centers are built,” Miller says. “That means some of the data-centers just be abandoned by the owners.”
She says in the scenario that Big Tech returns in investment in data centers, Meta wouldn't even find another buyer. “Essence will be the state with this warehouse full of computers,” says Miller.
