IBM is seeking a 30-year payment in lieu of taxes (PILOT) agreement for a $2.5 billion quantum-computing facility in Poughkeepsie, New York.
The company is also requesting a sales tax exemption on construction materials from the Dutchess County Industrial Development Agency Board.
Officials postponed a decision following an initial July presentation to conduct a feasibility study.
The board must approve a preliminary resolution and hold a public hearing before a final vote on the proposal.
The project represents a significant long-term investment in IBM’s quantum computing division.