computer data center; application; deadline

HB 2119 provides tax relief for owners/operators of certified computer data centers in Arizona, directly affecting new data center projects and their qualified colocation tenants. To qualify, applicants must submit detailed applications showing either $25 million (in low-population counties) or $50 million (in high-population counties) in new investment within five years, or document $250 million in pre-2013 investment for existing centers. The bill establishes a certification process requiring 60-day review timelines, sets a December 31, 2026 deadline for new applications, and allows tax recapture if investment requirements aren't met. It also clarifies that recapture applies only to owners/operators, not colocation tenants, and includes appeal procedures for denied certifications.