Modifies provisions relating to the calculation of property tax levies

Summary

SB 1790 repeals the current section on property tax levies and replaces it with rules that require local taxing authorities to cut tax rates on existing property to offset the added value of a data‑center development. The change would affect all property owners in the jurisdiction where a data center of 10,000 sq ft or more is constructed, aiming to keep overall tax revenue stable while easing the tax burden on pre‑existing land and buildings.

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