Language Page 580, after line 1, insert:"§ 3-5.22 DATA CENTER SALES AND USE TAX EXEMPTIONNotwithstanding any other provision of law, the exemption provided in subsection 18.a. of § 58.1-609.3, Code of Virginia, shall not apply for any eligible data center operator or the tenants of the data center if the qualifying data center is located in a locality in Planning District 8 beginning on and after July 1, 2024."
Page 580, after line 1, insert:
"§ 3-5.22 DATA CENTER SALES AND USE TAX EXEMPTION
Notwithstanding any other provision of law, the exemption provided in subsection 18.a. of § 58.1-609.3, Code of Virginia, shall not apply for any eligible data center operator or the tenants of the data center if the qualifying data center is located in a locality in Planning District 8 beginning on and after July 1, 2024."
Explanation
(This amendment provides that the sales and use tax exemption for data centers does not apply if the data center is located in Planning District 8. This amendment results in a positive revenue impact that would need to be accounted for in the general fund revenue estimate. Any impact is to be determined.)