Distribution of taxes on large electrical loads.

Summary

The bill defines a "very large electrical load" as 100 megawatts or more for a single customer and requires vendors selling electricity to such loads to report those sales separately. Revenues from the associated sales tax are placed into a new local‑government distribution account, which the state treasurer will invest and the legislature will allocate to cities, towns and counties. It applies only to voter‑approved taxes after July 1, 2026 and takes effect on that date.

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