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SB1425

Data centers; expands sales and use tax exemption.

Status:
In House

Chief Patron:
Frank Ruff (R)

Session:
2021 Regular Session

Summary

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

Provides that if a data center operator qualifies for the exemption in one locality and seeks to qualify in another, it shall be required to meet a reduced job creation requirement of 25 jobs for purposes of qualifying in the other locality. Under current law, the reduced threshold only applies to data center operators seeking to qualify in a distressed locality. (Less)

  • Bill History

  • 01/14/2021 - Senate: Presented and ordered printed 21102525D
  • 01/14/2021 - Senate: Referred to Committee on Finance and Appropriations
  • 01/17/2021 - Senate: Impact statement from TAX (SB1425)
  • 02/02/2021 - Senate: Senate committee, floor amendments and substitutes offered
  • 02/02/2021 - Senate: Reported from Finance and Appropriations with substitute (16-Y 0-N)
  • 02/02/2021 - Senate: Committee substitute printed 21104187D-S1
  • 02/03/2021 - Senate: Constitutional reading dispensed (37-Y 0-N)
  • 02/04/2021 - Senate: Read second time
  • 02/04/2021 - Senate: Reading of substitute waived
  • 02/04/2021 - Senate: Committee substitute agreed to 21104187D-S1
  • 02/04/2021 - Senate: Engrossed by Senate - committee substitute SB1425S1
  • 02/04/2021 - Senate: Constitutional reading dispensed (38-Y 0-N)
  • 02/04/2021 - Senate: Passed Senate (28-Y 10-N)
  • 02/07/2021 - House: Placed on Calendar
  • 02/07/2021 - House: Read first time
  • 02/07/2021 - House: Referred to Committee on Labor and Commerce
  • 02/08/2021 - House: Continued to Special Session 1 in Labor and Commerce
  • 02/08/2021 - Senate: Impact statement from TAX (SB1425S1)
  • 02/11/2021 - House: Referred from Labor and Commerce
  • 02/11/2021 - House: Referred to Committee on Finance
  • 02/11/2021 - House: Assigned Finance sub: Subcommittee #1
  • 02/12/2021 - House: Subcommittee recommends laying on the table (6-Y 4-N)
  • 03/01/2021 - House: Left in Finance

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com

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