Senator M. Johnson proposes the following amendment (SR-4087.KM0028S):

Amend the bill, as and if amended, by striking SECTION 6 and inserting:

SECTION 6. This act takes effect upon approval by the Governor and first applies to income tax years beginning after 2023, except that SECTION 3 first applies to income tax years beginning after 2020. The amendments to SECTION 5, as contained in this act, do not apply to any datacenter existing as of May 8, 2024.