Sponsor: Rep. McDonald Rivet, Kristen (D-MI)29 cosponsorsIntroduced Sep 16, 2026
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In plain English
H.R. 10448, sponsored by Rep. Kristen McDonald Rivet (D-MI), removes data center property from the federal tax break that allows businesses to immediately deduct the full cost of certain equipment purchases instead of deducting it gradually over time. The bill amends the Internal Revenue Code's bonus depreciation rules to require data center owners to depreciate these assets through standard schedules rather than claiming accelerated deductions. The legislation also contains other provisions not detailed in the materials provided.
What’s in the bill (2 sections)
Sec. 2. Exempting qualified data center property from bonus
Sec. 3. Data centers not treated as qualified opportunity zone business
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