This bill proposes several updates to current statutes regarding on-farm irrigation efficiency and tax relief for computer data centers. It establishes an on-farm irrigation efficiency program and fund, which will provide grants and collect data to enhance irrigation systems that reduce water usage. The University of Arizona Cooperative Extension will administer the fund, allowing for grants to qualified applicants for installing approved irrigation systems, with specific criteria for eligibility and funding limits. Additionally, the bill mandates annual reporting on the program's activities and outcomes.

The bill also modifies the qualification periods for tax relief related to computer data centers and qualified colocation tenants, changing the duration from ten years to five years for certain classifications. It introduces a new distribution base for tax revenues collected from these entities, specifying that zero percent of the revenues will be designated for distribution for a ten-year period after the qualification period expires, followed by a reallocation of twenty percent for certain classifications. Overall, the bill aims to enhance water conservation efforts while adjusting tax relief provisions for specific business classifications.

Statutes affected:
Introduced Version: 3-129, 41-1519, 42-5010, 42-5029, 42-5032.03, 42-5155, 49-1331, 35-190, 3-363, 42-5061, 42-5075, 42-5159, 42-6004, 42-5008.01, 42-5070, 42-5076, 42-5005, 42-5072, 42-5069, 42-5032.02, 35-146, 35-147, 42-1116, 42-5014, 42-5010.01, 42-5164, 42-5205, 42-1118, 42-1254, 42-5030, 42-5030.01, 42-5031, 42-5032, 42-5032.01, 49-282, 17-273, 15-2084, 15-1648, 15-1472, 42-5031.01, 15-971, 2001-2002, 2002-2003, 2003-2004, 2004-2005, 2005-2006, 15-154, 15-154.01, 15-241, 43-1072.01, 15-977, 41-2257, 41-2258, 42-5033, 42-5033.01, 42-6010, 9-626, 41-194.01, 15-1402, 15-1403, 15-1409, 42-5029.02, 42-5161