Bill > HB2738

This bill modifies existing Arizona law regarding tax relief for computer data centers by introducing new requirements and reporting obligations. Specifically, it mandates that owners or operators of computer data centers seeking tax relief must now provide a copy of a "cost responsibility agreement" with their electric utility, which ensures the data center owner or operator covers all costs for dedicated infrastructure upgrades needed to serve their facility. Additionally, the bill introduces a new reporting requirement for certified computer data centers, obligating them to submit an annual report detailing employee numbers, energy and water usage, capital investments, and compliance with their cost responsibility agreement. Failure to comply with the cost responsibility agreement can lead to the recapture of all tax relief previously provided. The bill also removes a sunset date for tax relief applications, previously set for August 31, 2013, and clarifies the definition of "investment" for new data centers.

Business and Industry

https://apps.azleg.gov/BillStatus/BillOverview/84585