Virginia Democrats

organization

Last mentioned: 3h ago

Timeline

  1. Fiscal Year Start

    Target date for the new budget and potential tax changes to take effect.

  2. Crossover Deadline

    Expected deadline for chambers to finalize their respective budget versions.

  3. Data Center Tax Focus

    Analysis of the Senate plan reveals the intent to end the data center tax exemption.

  4. Budget Proposals Released

    House and Senate money committees unveil competing spending plans.

Stories mentioning Virginia Democrats 1

Regulation Neutral

Virginia Senate Proposes Ending Data Center Tax Exemption in Budget Shift

Virginia Democrats have unveiled a budget proposal that seeks to eliminate the state's lucrative data center tax exemption to fund social programs. This marks a significant departure from the pro-incentive policies of the previous administration and could reshape the landscape for cloud infrastructure investment.

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