Data centers; sales and use tax exemption, criteria, report. (HB2273)

Introduced By

Del. Will Morefield (R-North Tazewell) with support from co-patrons Del. Mark Keam (D-Vienna), Del. Terry Kilgore (R-Gate City), and Del. Rodney Willett (D-Henrico)

Progress

✓	Introduced
☐	Passed Committee
☐	Passed House
☐	Passed Senate
☐	Signed by Governor
☐	Became Law

Description

Sales and use tax exemption for data centers. Reduces the job creation requirement to qualify for the sales and use tax exemption for data centers in a distressed locality from 25 to 10 jobs and reduces the required capital investment from $150 million to $70 million for such data centers. The bill also redefines what criteria are used to identify a distressed locality; under the bill, a locality qualifies as distressed if it has an unemployment rate that is greater than the statewide unemployment rate and a poverty rate that exceeds the statewide poverty rate. The bill requires all data centers claiming the exemption to report certain information to the Virginia Economic Development Partnership Authority (the Authority) and the Department of Taxation, in collaboration with the Authority, to aggregate and publish such information biennially. This bill is identical to SB 1423. Read the Bill »

Status

05/12/2021: Awaiting a Vote in the Finance and Appropriations Committee

History

Date	Action
01/14/2021	Presented and ordered printed 21102531D
01/14/2021	Referred to Committee on Finance
01/16/2021	Assigned Finance sub: Subcommittee #1
01/28/2021	House subcommittee amendments and substitutes offered
01/28/2021	Subcommittee recommends reporting with substitute (10-Y 0-N)
01/31/2021	Impact statement from TAX (HB2273)
02/01/2021	House committee, floor amendments and substitutes offered
02/01/2021	Reported from Finance with substitute (21-Y 1-N) (see vote tally)
02/01/2021	Committee substitute printed 21104034D-H1
02/02/2021	Read first time
02/03/2021	Read second time
02/03/2021	Committee substitute agreed to 21104034D-H1
02/03/2021	Engrossed by House - committee substitute HB2273H1
02/04/2021	Read third time and passed House (91-Y 9-N)
02/04/2021	VOTE: Passage (91-Y 9-N) (see vote tally)
02/05/2021	Constitutional reading dispensed
02/05/2021	Referred to Committee on Finance and Appropriations
02/05/2021	Continued to 2021 Sp. Sess. 1 in Finance and Appropriations (16-Y 0-N) (see vote tally)
02/16/2021	Senate committee, floor amendments and substitutes offered
02/16/2021	Reported from Finance and Appropriations with substitute (13-Y 0-N) (see vote tally)
02/16/2021	Committee substitute printed 21200247D-S1
02/16/2021	Constitutional reading dispensed (37-Y 0-N) (see vote tally)
02/17/2021	Read third time
02/17/2021	Reading of substitute waived
02/17/2021	Committee substitute agreed to 21200247D-S1
02/17/2021	Engrossed by Senate - committee substitute HB2273S1
02/17/2021	Passed Senate with substitute (39-Y 0-N) (see vote tally)
02/18/2021	VOTE: Adoption (0-Y 100-N) (see vote tally)
02/18/2021	Placed on Calendar
02/18/2021	Senate substitute rejected by House 21200446D-S1 (0-Y 100-N)
02/18/2021	VOTE: REJECTED (0-Y 100-N) (see vote tally)
02/19/2021	Senate insisted on substitute (37-Y 0-N)
02/19/2021	Senate requested conference committee
02/19/2021	House acceded to request
02/19/2021	Conferees appointed by House
02/19/2021	Delegates: Morefield, Keam, Willett
02/19/2021	Conferees appointed by Senate
02/19/2021	Senators: McPike, Ebbin, Ruff
02/25/2021	C Amended by conference committee
02/25/2021	Conference substitute printed 21200579D-H2
02/25/2021	Conference report agreed to by House (90-Y 8-N)
02/25/2021	VOTE: Agreed To (90-Y 8-N)
02/27/2021	Conference report agreed to by Senate (39-Y 0-N)
03/09/2021	Enrolled
03/09/2021	Bill text as passed House and Senate (HB2273ER)
03/09/2021	Signed by President
03/11/2021	Impact statement from TAX (HB2273ER)
03/11/2021	Signed by Speaker
03/15/2021	Enrolled Bill communicated to Governor on March 15, 2021
03/15/2021	G Governor's Action Deadline 11:59 p.m., March 31, 2021
03/25/2021	G Approved by Governor-Chapter 367 (effective 7/1/21)
03/25/2021	G Acts of Assembly Chapter text (CHAP0367)