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A BILL TO BE ENTITLED
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AN ACT
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relating to the eligibility of property used for large data center |
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projects for ad valorem tax benefits under the Texas Economic |
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Development Act. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 313.024(b),Tax Code, to read as follows: |
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Sec. 313.024. ELIGIBLE PROPERTY. (a) This subchapter and |
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Subchapter C apply only to property owned by an entity subject to |
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the tax imposed by Chapter 171. |
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(a-1) Expired. |
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(b) To be eligible for a limitation on appraised value under |
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this subchapter, the entity must use the property for: |
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(1) manufacturing; |
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(2) research and development; |
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(3) a clean coal project, as defined by Section 5.001, |
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Water Code; |
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(4) an advanced clean energy project, as defined by |
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Section 382.003, Health and Safety Code; |
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(5) renewable energy electric generation; |
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(6) electric power generation using integrated |
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gasification combined cycle technology; |
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(7) nuclear electric power generation; |
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(8) a computer center primarily used in connection |
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with one or more activities described by Subdivisions (1) through |
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(7) conducted by the entity; [or] |
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(9) a Texas priority project; or |
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(10) a large data center project, as defined by |
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Section 151.3595(d)(2)(b), Tax Code. |
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SECTION 2. Section 313.024(e), Tax Code, is amended by |
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adding Subdivision (8) to read as follows: |
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(8) "Large data center project" means an establishment |
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primarily engaged in providing electronic data processing and |
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information storage. |
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SECTION 3. (a) Except as provided by Subsections (b) of |
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this section, Chapter 313, Tax Code, as amended by this Act, applies |
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only to an application filed under that chapter on or after the |
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effective date of this Act. An application filed under that chapter |
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before the effective date of this Act is governed by the law in |
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effect on the date the application was filed, and the former law is |
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continued in effect for that purpose. |
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(b) An application for a valuation limitation to a local |
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school district on or after March 1, 2015, pursuant to an |
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application filed under Chapter 313, Tax Code, before the effective |
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date of this Act may condition eligibility for the valuation |
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limitation, as applicable, on compliance with the provisions of |
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that chapter, as amended by this Act. |
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SECTION 4. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2015. |