Data Center Development & Grid Modernization Act

The bill creates the data center development and grid modernization program (program) in the Colorado office of economic development (office). To facilitate efficient data center development and g rid modernization, the program allows tax and utility benefits to a data center operator that applies to the office to have a data center project certified at one of 2 levels and that satisfies certain eligibility criteria for certification. The first level of data center project certification created in the bill is base certification. In connection with base certification, the bill specifies that: