Relating to: tax incremental financing districts containing qualified data centers. (FE)

Summary

The bill adds a new type of TIF district called a “data center district” for certified data centers and removes the usual 12 percent findings requirement for projects whose costs are all related to the data center. It also bars amendments that would add non‑data‑center costs and prevents other districts from counting the value increase of these exempted districts. The change is meant to simplify financing for data center projects.

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