The "Data Center Community Reinvestment Act of 2026" proposes to amend the Internal Revenue Code of 1986 by establishing a new **excise tax** on electricity consumed by certain data centers. This tax would be levied at a rate of **1 cent per kilowatt-hour** on facilities primarily used for processing, storing, or transmitting digital information, provided they have a power capacity exceeding 1 megawatt. A key provision of the bill is the **allocation of the tax revenue**. The funds collected from this new excise tax are to be equally divided and appropriated to five distinct trust funds. Specifically, one-fifth of the revenue will go to the Land and Water Conservation Fund, the Housing Trust Fund, the Hazardous Substance Superfund, and the Highway Trust Fund. The remaining one-fifth of the revenue will be directed to a newly created **Energy Technology Trust Fund**. This new fund is intended to support the cost of guarantees under Title XVII of the Energy Policy Act of 2005, thereby promoting energy technology development. The bill aims to generate dedicated funding streams for environmental, housing, infrastructure, and energy innovation initiatives by taxing the significant electricity consumption of large data centers.