RICHMOND, Va. — Virginia lawmakers held a meeting Wednesday to discuss the sales and use tax exemption for data centers. The meeting was part of the compromise that ended a months-long budget stand-off over the same exemption.
As mentioned at the start of the meeting when they elected the chair, Del. Luke Torian (D-Prince William), and vice-chair, Sen. Louise Lucas (D-Portsmouth), this was the first meeting of the Joint Subcommittee on Tax Policy since 2024.
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The language in the budget called for the subcommittee to meet at least twice and direct it to review the exemption, the direct and indirect economic benefit the industry brings to Virginia, and how other states approach the same topic…