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$205 billion budget

Coverage of $205 billion budget in the Nexus archive.

Earliest in view: Jun 22 · 20:55 UTCMost recent: Jun 22 · 21:59 UTC
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  • POLITICSJun 22 · 21:59 UTCWHRO HAMPTON ROADS
    Virginia legislators advance $205 billion budget including new tax on data centers

    Virginia legislators have advanced a $205 billion budget that includes a new tax on data centers. The proposed budget aims to address state funding needs while introducing measures targeting data center operations.

  • POLITICSJun 22 · 20:55 UTCVIRGINIA MERCURY
    Virginia legislators advance $205 billion budget including new tax on data centers

    Virginia legislators approved a $205 billion two-year budget that includes a new energy consumption tax on data centers, aiming to generate up to $600 million annually. The budget funds healthcare, public education, teacher raises, and a retail weed marketplace while addressing groundwater impacts from data centers. The data center tax compromise lacks environmental standards sought by the House and retains a sales tax exemption through 2035.