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Bill > HB784
VA HB784
VA HB784RS and UT; commercial and industrial exemptions, disclosure of data center operator exemption.
summary
Introduced
01/13/2026
01/13/2026
In Committee
01/13/2026
01/13/2026
Crossed Over
Passed
Dead
Introduced Session
Potential new amendment
2026 Regular Regular Session
Bill Summary
Retail sales and use tax; commercial and industrial exemptions; disclosure of data center operator exemption. Requires the Department of Taxation to annually publish a report including the name of all data center operators receiving a retail sales and use tax exemption, and for each such data center operator, (i) the amount of exemption claimed, (ii) whether the required job creation and capital investments goals set by a data center operator's memorandum of understanding have been met, and (iii) its employment levels and average annual wages paid to its employees.
AI Summary
This bill requires the Department of Taxation to annually publish a report detailing data center operators who receive a retail sales and use tax exemption, which is a tax exemption on goods and services used in commercial and industrial activities. The report will include the name of each data center operator, the total amount of the exemption they claimed, whether they have met the job creation and capital investment goals outlined in their agreement with the Virginia Economic Development Partnership Authority (a state agency that helps attract businesses), and their current employment numbers along with the average annual wages paid to their employees. This aims to increase transparency regarding the use of these tax incentives for data centers.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Incorporated by Finance (HB897-Sullivan) (Voice Vote) (on 02/11/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://lis.virginia.gov/bill-details/20261/HB784 |
| Subcommittee #1 Subcommittee Amendment | https://lis.virginia.gov/bill-details/20261/HB784/text/HB784AHC2 |
| Finance Amendment | https://lis.virginia.gov/bill-details/20261/HB784/text/HB784AHC1 |
| Fiscal Note/Analysis - Fiscal Impact statement From TAX (2/7/2026 7:24 pm) | https://lis.blob.core.windows.net/files/1133833.PDF |
| BillText | https://lis.virginia.gov/bill-details/20261/HB784/text/HB784 |
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