Data centers; taxes on banks that are tenants of a center.

Summary

Starting July 1 2026, any data center that houses a bank will lose the retail sales and use tax break on its computer equipment. The bill also treats the computers and peripherals used by banks in data centers as taxable personal property for the bank franchise tax. This changes how banks and data‑center operators are taxed.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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