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
03/25/2021: signed by governor
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) |