119th (2025–2027)
H.R. 10102
This bill creates a new federal excise tax of 1 cent per kilowatt-hour on electricity used by large data centers, defined as facilities with over 1 megawatt of peak power capacity that primarily process, store, or transmit digital information. The tax applies to data centers starting immediately after the bill is enacted and affects technology companies, cloud service providers, and other organizations operating major data center facilities. Revenue from the tax would be divided equally among five programs: the Land and Water Conservation Fund, the Housing Trust Fund, the Hazardous Substance Superfund, the Highway Trust Fund, and a newly created Energy Technology Trust Fund for energy project loan guarantees. The bill has no specified end date, meaning the tax would continue indefinitely as an ongoing funding source for these programs.