S 5054 · 119th CongressIn Committeecongress.gov ↗

A bill to exempt AI data centers from bonus depreciation and require data center operators to submit certain information relating to electricity and water use by data centers, and for other purposes.

Road to The Floor

How it works

Introduced

In Committee

On The Floor

Passed a Chamber

Passed Congress

To President

Became Law

What this bill does

AI plain-language summary

This bill appears to deal with artificial intelligence (AI) data centers in two main ways: it would remove a tax benefit called "bonus depreciation" for AI data centers, and it would require the companies that run these data centers to report information about how much electricity and water their facilities use. No official summary is available for this bill.

Introduced

July 21, 2026

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