MD SB903

Creates a "Fast Track Pass" program allowing data centers with co-located power generation to receive expedited certificate of public convenience and necessity review, with final action required within 6 months of verification

Establishes a Data Center Fast Track Advisory Committee within the Public Service Commission, comprising representatives from seven state agencies, to evaluate and award up to 3 fast track passes annually beginning September 1, 2025

Adds new requirements for data center sales and use tax exemptions: power usage effectiveness score of 1.2 or less, at least 90% carbon-free renewable electricity from PJM territory or on-site generation, and no diesel fuel for primary on-site generation

Modifies job creation thresholds for qualified data centers to require either 35 qualified positions OR 5 positions per 20,000 square feet of new server space (previously required only 5 positions total)

Authorizes the Department of Assessments and Taxation to limit tax exemption amounts based on comparative cost analysis with other states and documentation that the exemption was a substantial factor in locating the project in Maryland