With Budget Deadline Looming, Virginia Lawmakers Remain at Odds over Data Center Tax Breaks
Lawmakers are weighing an earlier phaseout as Virginia’s data center exemptions cost an estimated $1.6 billion in fiscal 2025, critics say.
8 Articles
8 Articles
The exemption Virginia can't price and won't stop
Marvell data center is one of eight newly approved data center campuses in Culpeper County. (Photo by Evan Visconti/Virginia Mercury).Virginia gave data centers a $928 million tax break in a single fiscal year, 2023, and the General Assembly cannot pass a budget because it can no longer agree on whether to keep doing it. That is the fight underneath the standoff in Richmond, with state spending set to expire June 30 and the conferees who should …
How data centers are blowing a hole in state budgets
Communities across the country are fighting new data center projects due to concerns about environmental impacts, energy usage, and water consumption. But states are not just allowing these data centers to be built. In many cases, they are providing billions of dollars in tax breaks to incentivize data center construction.Thirty-eight states offer companies some sort of tax incentive for data centers, which house the technological infrastructure…
Virginia Budget Debate: Data Center Dispute Sparks Public Clash
THE CENTER SQUARE—Virginia budget negotiations spilled into public view last week as top Democrat leaders publicly clashed over data center policy ahead of the June 30 budget deadline. Senate Finance and Appropriations Chairwoman Louise Lucas, D-Portsmouth, publicly criticized Democrat Gov. Abigail Spanberger and House of Representatives leaders Friday as negotiations continued without a final agreement. “Just when I thought Chairman Torian and …
Coverage Details
Bias Distribution
- 38% of the sources are Center, 37% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
