AZ HB2467

Repeals the transaction privilege tax exemption for qualified data center equipment purchases, which previously allowed tax-free purchases of computer data center equipment for facilities meeting certain capital investment thresholds.

Removes the Government Property Lease Excise Tax (GPLET) classification for data centers, eliminating their eligibility for property tax abatements that were available to qualifying data center investments.

Eliminates the requirement that data centers obtain at least 80% of power from "clean energy" sources to qualify for incentives, as the underlying incentive programs are being repealed.

Strikes provisions that allowed data center equipment investment thresholds ranging from $25 million to $1.25 billion to qualify for various levels of tax benefits over 10-20 year periods.

Effective date is the general effective date (91 days after legislative session ends), terminating these data center tax incentive programs prospectively.