SJR72 - Proposing a constitutional amendment to authorize the legislature to exempt from ad valorem taxation the total appraised value of real property used as a data center and the tangible personal property used by the data center to meet the data center's demand for energy.

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