SB 192

  • Virginia Senate Bill
  • 2024 Regular Session
  • Introduced in Senate Jan 08, 2024
  • Senate
  • House
  • Governor

Sales and use tax exemption; data centers.

Abstract

Sales and use tax exemption; data centers. Requires data center operators to meet certain energy efficiency standards in order to be eligible for the sales and use tax exemption for data center purchases. Under the bill, a data center operator shall be eligible for the exemption only if such operator demonstrates that (i) its facilities either (a) have a power usage effectiveness score of no greater than 1.2 or (b) for data centers co-located in buildings with other commercial uses, achieve an energy efficiency level of no less than the most efficient 15 percent of similar buildings constructed in the previous five years and (ii) it will procure carbon-free renewable energy and associated renewable energy certificates from facilities equal to 90 percent of its electricity requirements or that its electricity will be otherwise derived from non-carbon-emitting, renewable sources.

Bill Sponsors (2)

Votes


Actions


Jan 30, 2024

Senate

Continued to 2025 in Finance and Appropriations (14-Y 1-N)

Jan 23, 2024

Senate

Impact statement from TAX (SB192)

Jan 08, 2024

Senate

Prefiled and ordered printed; offered 01/10/24 24102742D

Senate

Referred to Committee on Finance and Appropriations

Bill Text

Bill Text Versions Format
Prefiled and ordered printed; offered 01/10/24 24102742D PDF HTML

Related Documents

Document Format
Fiscal Impact Statement: SB192F161.PDF PDF

Sources

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