This bill proposes significant updates to current Arizona statutes by repealing section 41-1519, which pertains to the certification of computer data centers for tax relief. Consequently, any references to this section in existing laws will be removed, including the deletion of language related to certifying computer data center equipment and the definitions associated with it. Additionally, section 42-5159, which has been amended in previous laws, will also be repealed, further eliminating references to computer data centers from the tax code.

The bill also includes various amendments to sections 42-2003, 42-5061, and 42-6004, which will adjust the language regarding tax credits and exemptions for different types of tangible personal property and services. Notably, it updates the subsections that reference the incorporation of tangible personal property into projects, changing specific subsection identifiers while maintaining the overall structure of the law. The act will take effect for taxable periods beginning after the first month following its general effective date, contingent upon a two-thirds legislative approval and the governor's signature.

Statutes affected:
Introduced Version: 41-1519, 42-2003, 42-5061, 42-5159, 42-6004, 43-302, 4-101, 42-2002, 42-1101, 42-12006, 43-1083.03, 43-1164.04, 41-1512, 41-1517, 43-1082, 43-1165, 32-1164, 12-821.01, 36-2806, 5-401, 42-1124, 42-3401, 42-6002, 9-499.15, 9-500.39, 11-269.17, 42-5029, 43-221, 42-2001, 42-1122, 46-291, 42-5031, 44-7101, 44-7111, 42-1103.02, 42-1125.01, 43-419, 42-5001, 42-5032.02, 42-5076, 42-5156, 23-501, 36-1901, 28-5201, 42-5074, 42-6017, 88-525, 95-627, 99-661, 111-296, 28-5739, 28-8344, 42-5075, 42-5009, 28-2154, 28-2154.01, 42-5073, 3-311, 46-191, 36-551, 41-3201, 41-1514.02, 1-215, 49-426, 49-480, 41-1516, 44-1771, 42-5014, 42-5063, 45-604, 28-1171, 104-104, 44-1302, 42-5064, 42-5032.01, 42-5032.03, 48-4238, 48-4201, 28-4301, 41-1520