Virginia Lawmakers Pass Budget Despite Data Center Controversies
Lawmakers kept the sales tax exemption but added a $0.011 per kilowatt-hour charge that could raise $1.2 billion over two years.
4 Articles
4 Articles
Virginia legislators propose new tax on data centers’ power usage to break budget deadlock
Democratic leaders in the Virginia General Assembly reached an agreement on a state budget with a compromise on taxing data centers. The proposed budget agreement, announced last Friday evening, kept the sales and use tax exemption for data centers, which has divided lawmakers in the Virginia Senate and House of Delegates. However, it adds a
Senate Chair Lucas, Torian Announce Virginia Budget Agreement
Tweet RICHMOND, VA — Senate Finance Appropriations Chair L. Louise Lucas and House Appropriations Chair Luke Torian released the following statement after reaching agreement on a conference budget: “This budget agreement reflects our shared commitment to making Virginia more affordable for families. At a time when too many households are feeling squeezed by rising costs and economic uncertainty, this conference report makes historic investments …
Virginia General Assembly meets today to consider budget with $600M data center fee and $7 million for a Charlottesville transitional facility for the unhoused
There are nine days left until Fiscal New Year and there’s plenty of time to get your resolutions together. Time has been running out for the Virginia General Assembly to finalize a budget for the year but the way now seems to clear for that to be done in time. Negotiators in the House of Delegates and Senate agreed on June 19 on a conference report that combines the budgets from each chamber into one. “We appreciate the hard work of the confere…
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