MI SB0618

Exempts eligible Internet data center property from property tax collection between December 31, 2015 and December 31, 2025.

Exemption applies only to owners of eligible Internet data center property who also own, lease, or occupy all or part of the Internet data center facility.

For existing data centers (operating before January 1, 2016), exemption is automatic unless both the local tax collecting unit and county adopt resolutions rejecting it by April 1, 2016.

For new data centers (beginning operation after December 31, 2015), exemption requires both the local tax collecting unit and county to adopt approving resolutions by March 31 of the first tax year.

Eligible property includes industrial or commercial personal property directly used to operate, maintain, or manage an Internet data center or colocated business; facility must house networked computers for data storage/processing, be high-security, and be operated by an entity generating 75% or more revenue from data center operations.