Milam County Approves 75% Tax Abatement for Riot Rockdale Data Center
Milam County commissioners approved a 75% tax abatement for Riot Rockdale to build a new data center, effective from 2028. The company will pay only 25% of property taxes for 10 years through a PILOT program. While the decision faced some opposition from residents and a commissioner citing concerns over high discounts, local sentiment remains mixed, with some advocating for tax relief for residents.
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Milam County commissioners approved a 75% tax abatement for Riot Rockdale, allowing the company to pay only 25% of property taxes for 10 years starting in 2028, via a PILOT program. One commissioner raised concerns about the steep discount, suggesting a lower percentage could better serve local taxpayers.
Riot Rockdale, which operates North America's largest crypto mining facility, already benefits from prior tax breaks for expansion. Community reactions are mixed, with some residents supporting the data center but seeking tax relief for themselves, expressing worries about the long-term impact of such abatements.
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