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Virginia budget talks have stalled over a fight about a data center tax exemption The state Senate wants to end the tax break in 2027 to raise revenue for public services But delegates and business ...
With the House of Delegates and the state Senate at loggerheads over a $1.9 billion tax break for data centers, Gov. Abigail Spanberger is floating a new idea for ensuring data centers pay their fair ...
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RICHMOND, Va. (AP) — Nearly two decades ago, Virginia gave tech companies a tax break on equipment and software, and they began to build. The state became a data center hub, and they kept building.
Now, amid a growing national pushback on data centers, Virginia senators have voted to end a projected $1.6 billion annual tax break, requiring the industry to resume paying a minimum 5.3% sales tax.