2011 Session

Budget Amendments - SB800 (Committee Approved)

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Data Center MOU's (language only)

Item 114 #4s

Item 114 #4s

Commerce And Trade
Virginia Economic Development Partnership

Page 92, after line 3, insert:
"S.  The Virginia Economic Development Partnership shall enter into a memorandum of understanding with any data center operator, on behalf of itself and its tenants, who collectively meet the requirements of § 58.1-609.3(18), Code of Virginia."

(This amendment clarifies that a data center operator that also leases space within the call center to other tenants will qualify for the sales tax exemption on computer equipment and enabling software, as long as the operator and the tenants collectively meet the thresholds for job creation and capital investment required by current law.)