AN ACT relating to data centers.

Create new sections of KRS Chapter 96 relating to municipal utilities and KRS Chapter 278 relating to Public Service Commission-regulated utilities to: define terms; only allow for the provision of electric service to a data center through a contract that conforms to the requirements of the Act; require that within 90 days of the effective date of the Act, the electric service provider issue or file a tariff setting forth the process for a data center customer to apply for service; require the payment of a nonrefundable service application fee; require the preparation of studies to determine the manner in which the electric service provider can safely and efficiently serve the data center in a way that does not have negative service or rate impacts to their non-data center customers; establish the minimum contract requirements between the electric service provider and the data center customer; provide that requirements of the Act that are conflict with the Tennessee Valley Authority's requirements for the distribution of electricity that it supplies shall not apply; prohibit the charging or allocating of any costs associated with serving or constructing new infrastructure to serve a data center to any other customers served by natural gas, water, or wastewater utilities; amend KRS 154.20-229 to require that a qualified data center project that has been preliminarily approved for a certificate of exemption under KRS 139.499 include in its memorandum of agreement with the Kentucky Economic Development Finance Authority a certification that the data center project complies or will comply with all applicable local requirements and the applicable requirements of the Act.