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 worksIntroduced
In Committee
On The Floor
Passed a Chamber
Passed Congress
To President
Became Law
What this bill does
AI plain-language summaryThis 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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