Fifty-second Legislature                       Commerce and Workforce Development

Second Regular Session                                                  H.B. 2584

 

PROPOSED AMENDMENT

SENATE AMENDMENTS TO H.B. 2584

(Reference to House engrossed bill)

 


Page 1, lines 25 and 33, strike “l” insert “M”

Page 3, line 13, strike “qualified” insert “certified”

Line 14, strike “prescribed”

Line 15, after “periods” insert “prescribed by subsection e, paragraph 1 of this section”

Line 19, strike the comma insert “and”; strike “and”

Line 20, strike “contributing QUALIFIED COLOCATION TENANTS OF THE COMPUTER DATA CENTER” insert “. A QUALIFIED COLOCATION TENANT IS NOT SUBJECT TO RECAPTURE OF ANY PART OF TAX RELIEF RECEIVED PURSUANT TO THIS SECTION, EXCEPT THAT A CONTRIBUTING QUALIFIED COLOCATION TENANT MAY BE SUBJECT TO RECAPTURE IF THEY ARE LOCATED IN A COMPUTER DATA CENTER THAT IS CERTIFIED FROM AND AFTER AUGUST 31, 2016”

Page 6, between lines 6 and 7, insert:

"7. "INVESTMENT" MEANS ALL MONIES SPENT TO ACQUIRE A FACILITY REGARDLESS OF PRIOR USE AND ALL MONIES SPENT TO CONSTRUCT OR EXPAND A COMPUTER DATA CENTER, INCLUDING COSTS OF LAND, BUILDINGS, IMPROVEMENTS, MODULAR DATA CENTERS AND COMPUTER DATA CENTER EQUIPMENT. FOR NEW DATA CENTERS, INVESTMENT INCLUDES ALL COSTS INCURRED ON OR AFTER A DATE THAT IS THIRTY DAYS BEFORE THE DATE THE APPLICATION IS SUBMITTED TO THE AUTHORITY."

Renumber to conform

Amend title to conform


KIMBERLY YEE

 

25840911.doc

03/11/2016

09:11 AM

S: GH/ls