“I’m proud to lead this bill to end these tax breaks. Wealthy data center developers and their backers shouldn’t be subsidized by taxpayers and ratepayers as New Mexicans struggle to make ends meet in a worsening economy.”
Lead legislation to end major federal tax breaks for large data centers.
Occurrences
Evidence
unverified · Source version 69550 · locator unknown
Last Action Date Listed September 16, 2026 Action Ms. McDonald Rivet ... Mr. Vasquez ... introduced the following bill; which was referred to the Committee on Ways and Means
verified · Source version 69552 · locator 1117
This Act may be cited as the “Reverse Big Ugly Tax Breaks for Data Centers Act”.
verified · Source version 69552 · locator 1481
The term ‘qualified property’ shall not include any qualified data center property.
verified · Source version 69552 · locator 3048
The term ‘qualified opportunity zone business property’ shall not include any covered data center
unverified · Source version 69536 · locator unknown
Today, Vasquez also introduced the Reverse Big Ugly Tax Breaks for Data Centers Act, legislation he is leading to end two major tax breaks for large data centers
verified · Source version 69554 · locator 1198
Congressional Bills H.R. 10448
Assessments
The verified commitment is to lead legislation aimed at ending data-center tax breaks, with the substantive outcome being the end of those subsidies. Verified bill text confirms H.R. 10448 exists as the Reverse Big Ugly Tax Breaks for Data Centers Act and would exclude covered data centers from specified tax benefits, but the verified evidence does not show enactment or that the tax breaks have actually ended as of 2026-09-25. Because there is documented candidate-linked effort through the verified original commitment and matching official bill text, but no verified delivered outcome, the promise remains unresolved rather than delivered or partial.