SB 1425

  • Virginia Senate Bill
  • 2021 Regular Session
  • Introduced in Senate Jan 14, 2021
  • Passed Senate Feb 04, 2021
  • House
  • Governor

Data centers; expands sales and use tax exemption.

Abstract

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.

Sales and use tax exemption for data centers.Expands the sales and use tax exemption for data centers by allowinga qualifying data center to use the exemption for purchases for itsfacilities located in the same locality as the data center. The billprovides that if a data center operator qualifies for the exemptionin one locality and seeks to qualify in another, it shall not berequired to meet the job creation requirement for purposes of qualifyingin the other locality. The bill requires all data centers claimingthe exemption to report certain information to be published annuallyby the Department of Taxation.

Bill Sponsors (3)

Votes


Actions


Mar 01, 2021

House

Left in Finance

Feb 12, 2021

House

Subcommittee recommends laying on the table (6-Y 4-N)

Feb 11, 2021

House

Referred to Committee on Finance

House

Referred from Labor and Commerce

House

Assigned Finance sub: Subcommittee #1

Feb 08, 2021

Senate

Impact statement from TAX (SB1425S1)

House

Continued to Special Session 1 in Labor and Commerce

Feb 07, 2021

House

Referred to Committee on Labor and Commerce

House

Placed on Calendar

House

Read first time

Feb 04, 2021

Senate

Constitutional reading dispensed (38-Y 0-N)

Senate

Read second time

Senate

Reading of substitute waived

Senate

Committee substitute agreed to 21104187D-S1

Senate

Engrossed by Senate - committee substitute SB1425S1

Senate

Passed Senate (28-Y 10-N)

Feb 03, 2021

Senate

Constitutional reading dispensed (37-Y 0-N)

Feb 02, 2021

Senate

Committee substitute printed 21104187D-S1

Senate

Reported from Finance and Appropriations with substitute (16-Y 0-N)

Senate

Senate committee, floor amendments and substitutes offered

Jan 17, 2021

Senate

Impact statement from TAX (SB1425)

Jan 14, 2021

Senate

Referred to Committee on Finance and Appropriations

Senate

Presented and ordered printed 21102525D

Bill Text

Bill Text Versions Format
Presented and ordered printed 21102525D HTML
Committee substitute printed 21104187D-S1 HTML

Related Documents

Document Format
Fiscal Impact Statement: SB1425FS1161.PDF PDF
Fiscal Impact Statement: SB1425F161.PDF PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Virginia General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.