Could Virginia’s data center fight scare off other industries? (opens original article in a new tab)

Virginia's Senate plan to terminate a successful data center tax exemption program early risks damaging the state's reputation and economic credibility, potentially deterring future investments and job creation.

• The data center tax exemption program has driven over $80 billion in investment and created 170,000 jobs in Virginia.
• The Senate's plan to end the program early could lead to legal challenges and harm Virginia's reputation as a reliable business partner.
• Businesses and economic development professionals are already using the Senate plan to undermine Virginia's competitiveness in recruitment efforts.