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1 | 1 | 89R17974 RDS-D | |
2 | 2 | By: Parker S.J.R. No. 72 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | ||
6 | 6 | ||
7 | 7 | A JOINT RESOLUTION | |
8 | 8 | proposing a constitutional amendment to authorize the legislature | |
9 | 9 | to exempt from ad valorem taxation the total appraised value of real | |
10 | 10 | property used as a data center and the tangible personal property | |
11 | 11 | used by the data center to meet the data center's demand for energy. | |
12 | 12 | BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
13 | 13 | SECTION 1. Article VIII, Texas Constitution, is amended by | |
14 | 14 | adding Section 1-z to read as follows: | |
15 | 15 | Sec. 1-z. (a) The legislature by general law may exempt from | |
16 | 16 | ad valorem taxation the total appraised value of: | |
17 | 17 | (1) real property used as a data center; and | |
18 | 18 | (2) tangible personal property located at the data | |
19 | 19 | center that is used to meet the data center's demand for energy. | |
20 | 20 | (b) The legislature by general law may prescribe additional | |
21 | 21 | eligibility requirements for the exemption authorized by this | |
22 | 22 | section. | |
23 | 23 | SECTION 2. This proposed constitutional amendment shall be | |
24 | 24 | submitted to the voters at an election to be held November 4, 2025. | |
25 | 25 | The ballot shall be printed to permit voting for or against the | |
26 | 26 | proposition: "The constitutional amendment to authorize the | |
27 | 27 | legislature to exempt from ad valorem taxation the total appraised | |
28 | 28 | value of real property used as a data center and the tangible | |
29 | 29 | personal property used by the data center to meet the data center's | |
30 | 30 | demand for energy." |