Michigan HB5790 modifies requirements for enterprise data centers, including tax exemptions and environmental impact mitigation.

Michigan HB5790 amends the state's tax code to modify requirements for enterprise data centers. The bill outlines specific criteria for tax exemptions on data center equipment sales, including the need for facilities to meet certain job creation, energy efficiency, and environmental impact mitigation standards. It also sets deadlines for the Michigan Strategic Fund to issue certificates and revoke them if criteria are not met. The bill emphasizes the importance of using renewable energy sources, improving energy efficiency, and adopting water conservation practices.

Michigan HB5790 modifies requirements for enterprise data centers, including tax exemptions and environmental impact mitigation.

Michigan HB5790 amends the state's tax code to modify requirements for enterprise data centers. The bill outlines specific criteria for tax exemptions on data center equipment sales, including the need for facilities to meet certain job creation, energy efficiency, and environmental impact mitigation standards. It also sets deadlines for the Michigan Strategic Fund to issue certificates and revoke them if criteria are not met. The bill emphasizes the importance of using renewable energy sources, improving energy efficiency, and adopting water conservation practices.