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SB1423

Data centers; sales and use tax exemption, identifying a 'distressed locality.'

Status:
Passed

Chief Patrons:
Jeremy McPike (D)
Todd Pillion (R)

Session:
2021 Regular Session

Summary

As Passed House of Origin. Sales and use tax exemption for data centers.

Reduces the job creation requirement to qualify for the sales and use tax exemption for data centers in a distressed locality from 25 to 15 jobs. Under current law, such data centers must create at least 25 new jobs. The bill also redefines what criteria are used to identify a distressed locality; under the bill, a locality qualifies as distressed if it has an unemployment rate that is greater than the statewide unemployment rate and a poverty rate that exceeds the statewide poverty rate. The bill requires all data centers claiming the exemption to report certain information to the Virginia Economic Development Partnership Authority (the Authority). The Department of Taxation, in collaboration with the Authority, would aggregate and publish such information biennially. (Less)

  • Bill History

  • 01/13/2021 - Senate: Presented and ordered printed 21102264D
  • 01/13/2021 - Senate: Referred to Committee on Finance and Appropriations
  • 01/16/2021 - Senate: Impact statement from TAX (SB1423)
  • 01/27/2021 - Senate: Senate committee, floor amendments and substitutes offered
  • 01/27/2021 - Senate: Reported from Finance and Appropriations with substitute (15-Y 0-N)
  • 01/27/2021 - Senate: Committee substitute printed 21103693D-S1
  • 01/28/2021 - Senate: Constitutional reading dispensed (38-Y 0-N)
  • 01/29/2021 - Senate: Senate committee, floor amendments and substitutes offered
  • 01/29/2021 - Senate: Floor substitute printed 21104031D-S2 (McPike)
  • 01/29/2021 - Senate: Read second time
  • 01/29/2021 - Senate: Reading of substitute waived
  • 01/29/2021 - Senate: Committee substitute rejected 21103693D-S1
  • 01/29/2021 - Senate: Reading of substitute waived
  • 01/29/2021 - Senate: Substitute by Senator McPike agreed to 21104031D-S2
  • 01/29/2021 - Senate: Engrossed by Senate - floor substitute SB1423S2
  • 02/01/2021 - Senate: Read third time and passed Senate (38-Y 0-N)
  • 02/01/2021 - Senate: Reconsideration of passage agreed to by Senate (39-Y 0-N)
  • 02/01/2021 - Senate: Passed Senate (39-Y 0-N)
  • 02/05/2021 - House: Placed on Calendar
  • 02/05/2021 - House: Read first time
  • 02/05/2021 - House: Referred to Committee on Finance
  • 02/08/2021 - House: Continued to Special Session 1 in Finance
  • 02/08/2021 - Senate: Impact statement from TAX (SB1423S2)
  • 02/09/2021 - House: Assigned Finance sub: Subcommittee #1
  • 02/12/2021 - House: House subcommittee amendments and substitutes offered
  • 02/12/2021 - House: Subcommittee recommends reporting with substitute (10-Y 0-N)
  • 02/15/2021 - House: Reported from Finance with substitute (21-Y 1-N)
  • 02/15/2021 - House: Committee substitute printed 21200157D-H1
  • 02/17/2021 - House: Read second time
  • 02/18/2021 - House: Read third time
  • 02/18/2021 - House: Committee substitute agreed to 21200157D-H1
  • 02/18/2021 - House: Engrossed by House - committee substitute SB1423H1
  • 02/18/2021 - House: Passed House with substitute (92-Y 8-N)
  • 02/18/2021 - House: VOTE: Passage (92-Y 8-N)
  • 02/19/2021 - Senate: House substitute rejected by Senate (0-Y 37-N)
  • 02/19/2021 - House: House insisted on substitute
  • 02/19/2021 - House: House requested conference committee
  • 02/19/2021 - Senate: Senate acceded to request (37-Y 0-N)
  • 02/19/2021 - Senate: Conferees appointed by Senate
  • 02/19/2021 - Senate: Senators: McPike, Ebbin, Ruff
  • 02/19/2021 - House: Conferees appointed by House
  • 02/19/2021 - House: Delegates: Morefield, Keam, Willett
  • 02/25/2021 - Conference: Amended by conference committee
  • 02/25/2021 - Senate: Conference substitute printed 21200682D-S3
  • 02/25/2021 - House: Conference report agreed to by House (87-Y 11-N)
  • 02/25/2021 - House: VOTE: Agreed To (87-Y 11-N)
  • 02/27/2021 - Senate: Conference report agreed to by Senate (39-Y 0-N)
  • 03/09/2021 - Senate: Enrolled
  • 03/09/2021 - Senate: Bill text as passed Senate and House (SB1423ER)
  • 03/09/2021 - Senate: Signed by President
  • 03/11/2021 - Senate: Impact statement from TAX (SB1423ER)
  • 03/11/2021 - House: Signed by Speaker
  • 03/15/2021 - Senate: Enrolled Bill Communicated to Governor on March 15, 2021
  • 03/15/2021 - Governor: Governor's Action Deadline 11:59 p.m., March 31, 2021
  • 03/25/2021 - Governor: Approved by Governor-Chapter 368 (effective 7/1/21)
  • 03/25/2021 - Governor: Acts of Assembly Chapter text (CHAP0368)

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com

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