AN ACT ELIMINATING CERTAIN TAX INCENTIVES FOR DATA CENTERS.

SB 245 eliminates tax exemptions for new data center projects in the state by ending eligibility for tax breaks under Chapters 203 and 219 of the law. It directly affects data center owners, operators, or colocation tenants planning to establish new facilities after July 1, 2026. The bill repeals a provision allowing applications for tax exemptions, making such applications ineligible after the effective date. Existing agreements remain unaffected, as the change only prohibits new applications starting July 1, 2026. This is a procedural tax code adjustment with no new funding or programs.