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Hochul says she wants to ban ALL tax breaks for hyperscale data centers — including local IDA property, sales and mortgage abatements

At a Kenmore roundtable, Hochul told Investigative Post her proposed end to data-center tax subsidies extends beyond the 2000 state sales-tax law to a "narrow exclusion" barring all 106 local IDAs from granting property, sales and mortgage-tax breaks to hyperscale (50MW+) data centers, targeting next year's budget. Could block the $1.46B package Stream US Data Centers requested from the Genesee County IDA, which Hochul says her permit moratorium already pauses. Context: H5/Yahoo in Lockport got ~$478M in breaks; TeraWulf's Lake Mariner expansion pays no state/local sales tax. Reinvent Albany backs the ban; developers say they'll build elsewhere.

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economydata-centerstax-breaksidamoratoriumenergysubsidies
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Source: Investigative Post · Jul 22, 2026 · Credibility Tier 2 · Permalink https://reviewhochul.com/news/hochul-ida-data-center-tax-break-ban-jul-21-2026

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