HB 2715: Retail Sales and Use Tax; exemption for data centers, definitions.

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Sales and use tax exemption; data centers. Requires data center operators to meet certain wage rate 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 ensures that every building service employee, as defined by the bill, employed at the data center is compensated at a rate that is no less than the standard building service employee rate, as defined by the bill. The bill requires the Virginia Economic Development Partnership Authority to audit any qualifying person claiming this exemption to determine whether such person is in compliance with the wage requirements. Upon three violations of the wage requirement, the Department of Taxation shall revoke any such exemption received by a data center operator or tenant and require repayment.

Sponsors

Sponsors by party (alphabetical): Democratic 1

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

1. February 4, 2025Left in Finance
2. January 27, 2025Subcommittee recommends striking from the docket (8-Y 0-N)
3. January 26, 2025Impact statement from TAX (HB2715)
4. January 24, 2025Assigned Finance sub: Subcommittee #1
5. January 17, 2025Referred to Committee on Finance
6. January 17, 2025Presented and ordered printed 25103950D