Language Page 665, after line 4, insert:"§ 3-5.25 DATA CENTER SALES AND USE TAX EXEMPTION Notwithstanding any other provision of law, the exemption provided in subsections 18 and 19 of § 58.1-609.3, Code of Virginia, shall not apply for any qualifying eligible data center operator or the tenants of the data center beginning on and after July 1, 2025."
Page 665, after line 4, insert:
"§ 3-5.25 DATA CENTER SALES AND USE TAX EXEMPTION
Notwithstanding any other provision of law, the exemption provided in subsections 18 and 19 of § 58.1-609.3, Code of Virginia, shall not apply for any qualifying eligible data center operator or the tenants of the data center beginning on and after July 1, 2025."
Explanation
(This amendment provides that the sales and use tax exemption for data centers does not apply for qualifying data center operator or the tenants of the data center beginning on or after July 1, 2025. A companion amendment reflects the general fund revenue impact from this amendment.)