H.R. 10448, Tax Loophole Closure. Quorum's AI analysis reads it as a net benefit — and names who gains.
H.R. 10448 · Net good
What it does
This bill removes two major federal tax breaks for large data centers. It eliminates bonus depreciation (a fast write-off of equipment costs) for data centers over 50 megawatts, and bars them from claiming Qualified Opportunity Zone tax credits. The bill applies to data centers built after enactment and aims to recapture federal tax revenue currently flowing to data center operators and their investors.
The analysis names U.S. federal government (increased tax revenue) as the primary beneficiary.
The trade-off
Data center operators may shift investment timing to place equipment in service before enactment to capture the bonus depreciation and QOZ benefits one final time, creating a front-loading effect.
Transparency scores 85%, with a medium warning level and no provisions unrelated to the bill's subject.
Who is behind it
Filed by Kristen McDonald Rivet. Cosponsored by Adelita Grijalva, Andrea Salinas, April McClain Delaney and Betty McCollum.
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