Bill > HB2467

This bill repeals a specific tax incentive related to computer data centers, amends existing laws concerning the disclosure of confidential tax information, modifies exemptions for certain sales and use taxes, and introduces new regulations for computer data centers regarding renewable energy usage and water consumption. Specifically, it removes the certification of computer data centers for tax relief under section 41-1519, which is being repealed. The bill also adjusts provisions related to the Arizona Commerce Authority's role in qualifying businesses for tax incentives and amends sections of the Arizona Revised Statutes that deal with the retail classification and exemptions from transaction privilege tax and use tax. Furthermore, it establishes new requirements for computer data centers, mandating that beginning after December 31, 2026, they must use electricity from renewable energy resources with battery storage for backup and load shifting, and limits their water usage for cooling to 115 gallons per day per thousand square feet, with the Corporation Commission responsible for enforcement and rule-making. This act requires a two-thirds vote for enactment.

Business and Industry

https://apps.azleg.gov/BillStatus/BillOverview/84240