Bill > HB2702

This bill, titled the "Arizona Solar for All Act," establishes the "Arizona Solar for All program" within the governor's office of resiliency to promote the deployment of distributed solar energy systems, particularly in disadvantaged communities and for eligible households with incomes at or below 80% of the area median income. The program will provide funding, technical assistance, workforce development, and outreach, with a dedicated fund financed by specific transaction privilege tax revenues. A key provision involves redirecting a portion of the state transaction privilege tax (TPT) revenues collected from the sale of computer data center equipment to this new solar program fund, from January 1, 2027, through July 1, 2036. This shift in tax revenue distribution aims to support solar energy initiatives while also impacting the tax treatment of computer data center equipment. The bill also makes various amendments to existing tax laws, including changes to the disclosure of confidential information by the Department of Revenue and adjustments to exemptions for certain equipment, particularly related to data centers, by removing specific exemptions previously tied to Arizona Commerce Authority certification under section 41-1519. The act is effective for taxable periods beginning after December 31, 2026, and requires a two-thirds vote for enactment.

Agriculture and Natural Resources, Business and Industry

https://apps.azleg.gov/BillStatus/BillOverview/84509