Virginia Businesses Sound Alarm over Proposed Repeal of Data Center Tax Break
Governor Spanberger warns repeal could harm Virginia's leading data center industry, which uses power for nearly 896,000 homes and generates significant local revenue, officials say.
9 Articles
9 Articles
Virginia businesses sound alarm over proposed repeal of data center tax break
Gov. wary of proposal to nix data center tax break
Gov. Abigail Spanberger met General Assembly budget negotiators for breakfast on Friday, but showed little appetite for the economic risks of repealing Virginia's sales tax exemption on equipment essential to the state's rapidly expanding data center industry.
Data centers are a hidden tax on your burger
Last September, Agriculture Secretary Brooke Rollins warned that the United States has “offshored our food, our beef cattle, our citrus.” She put the problem plainly: “If we can’t feed ourselves, this is a national security issue.” Fair enough. So why does so much of government land-use policy push projects that devour farmland — hyperscale data centers, utility-scale solar farms, and the sprawling infrastructure that comes with them?If Washingt…
To end data center tax incentives early or not — is that the question holding up the budget?
Tax incentives for data centers have become a main sticking point in biennial budget negotiations. The state Senate introduced an effort to remove data center tax incentives in 2027 in its biennial budget proposal, eight years earlier than those incentives’ initial 2035 expiration date. That effort was absent from the House of Delegates’ budget proposal and that difference in the two spending bills has created a roughly $1 billion revenue gulf.…
Lucas calls out Spanberger and House on data center tax breaks
by Brandon Jarvis The Senate seems to be at odds with the House of Delegates and the Executive Mansion over taxing data centers. Sen. Louise Lucas, D-Portsmouth, wants to eliminate a tax break for data centers, estimated at $1.6 billion a year. Speaker of the House Don Scott, D-Portsmouth, who has said he loves data centers, wants to keep the tax break. Gov. Abigail Spanberger has also indicated that she does not want to repeal the tax break — s…
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