Data centers, certain; income tax apportionment and sales and use tax exemption. (HB120)

Introduced By

Del. Bob Marshall (R-Manassas)

Description

Income tax apportionment and sales and use tax exemption; certain data centers. Provides that data centers that are located on property not zoned for industrial use and require the use of an aboveground 150-kilovolt or greater electrical transmission line are excluded from using certain income tax apportionment provisions and from using a sales tax exemption for data centers. The bill also makes a technical correction regarding a subdivision that is erroneously set out twice in the Code. The bill is applicable to sales tax transactions and income tax returns made or filed on and after January 1, 2016. Read the Bill »

Outcome

History