Texas Governor Greg Abbott signed a law in 2015 that offers sales tax exemptions for up to 20 years to qualifying data centers that invest at least $500 million. However, due to increasing concerns about the strain on power and water resources, Texas is now pausing new grid connections and re-evaluating these incentives. AI
IMPACT Potential slowdown in AI infrastructure build-out in Texas due to grid connection pauses and incentive reviews.
RANK_REASON Policy change impacting a significant industry sector (data centers) due to resource constraints. [lever_c_demoted from significant: ic=1 ai=0.4]
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