Bill Text: TX SB1103 | 2015-2016 | 84th Legislature | Introduced
Bill Title: Relating to the eligibility of property used for large data center projects for ad valorem tax benefits under the Texas Economic Development Act.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2015-04-07 - Left pending in committee [SB1103 Detail]
Download: Texas-2015-SB1103-Introduced.html
| By: Hancock | S.B. No. 1103 | |
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| relating to the eligibility of property used for large data center | ||
| projects for ad valorem tax benefits under the Texas Economic | ||
| Development Act. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 313.024(b),Tax Code, to read as follows: | ||
| Sec. 313.024. ELIGIBLE PROPERTY. (a) This subchapter and | ||
| Subchapter C apply only to property owned by an entity subject to | ||
| the tax imposed by Chapter 171. | ||
| (a-1) Expired. | ||
| (b) To be eligible for a limitation on appraised value under | ||
| this subchapter, the entity must use the property for: | ||
| (1) manufacturing; | ||
| (2) research and development; | ||
| (3) a clean coal project, as defined by Section 5.001, | ||
| Water Code; | ||
| (4) an advanced clean energy project, as defined by | ||
| Section 382.003, Health and Safety Code; | ||
| (5) renewable energy electric generation; | ||
| (6) electric power generation using integrated | ||
| gasification combined cycle technology; | ||
| (7) nuclear electric power generation; | ||
| (8) a computer center primarily used in connection | ||
| with one or more activities described by Subdivisions (1) through | ||
| (7) conducted by the entity; [ |
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| (9) a Texas priority project; or | ||
| (10) a large data center project, as defined by | ||
| Section 151.3595(d)(2)(b), Tax Code. | ||
| SECTION 2. Section 313.024(e), Tax Code, is amended by | ||
| adding Subdivision (8) to read as follows: | ||
| (8) "Large data center project" means an establishment | ||
| primarily engaged in providing electronic data processing and | ||
| information storage. | ||
| SECTION 3. (a) Except as provided by Subsections (b) of | ||
| this section, Chapter 313, Tax Code, as amended by this Act, applies | ||
| only to an application filed under that chapter on or after the | ||
| effective date of this Act. An application filed under that chapter | ||
| before the effective date of this Act is governed by the law in | ||
| effect on the date the application was filed, and the former law is | ||
| continued in effect for that purpose. | ||
| (b) An application for a valuation limitation to a local | ||
| school district on or after March 1, 2015, pursuant to an | ||
| application filed under Chapter 313, Tax Code, before the effective | ||
| date of this Act may condition eligibility for the valuation | ||
| limitation, as applicable, on compliance with the provisions of | ||
| that chapter, as amended by this Act. | ||
| SECTION 4. This Act takes effect immediately if it receives | ||
| a vote of two-thirds of all the members elected to each house, as | ||
| provided by Section 39, Article III, Texas Constitution. If this | ||
| Act does not receive the vote necessary for immediate effect, this | ||
| Act takes effect September 1, 2015. | ||
