This bill amends the definition of "property used for industrial purposes" in Wyoming law to explicitly include data processing services centers. A new subparagraph (D) is added to define a data processing services center as a business primarily engaged in providing infrastructure for network server computers and associated storage devices. The definition encompasses various activities such as data storage, management, processing, and dissemination, as well as specialized hosting services. This inclusion aims to clarify the status of data processing centers in relation to property tax assessments.

The bill specifies that the new definition will first apply to the tax year beginning January 1, 2028, and establishes an effective date of July 1, 2027, for the changes to take effect. The legislative committee has noted that the broad definition could potentially encompass smaller operations, suggesting that additional qualifications may be considered to target larger facilities based on factors like the number of servers, facility size, electricity usage, or capital investment.

Statutes affected:
27LSO-0111 v0.3: 39-11-101