Virginia budget impasse threatens more than just data centers (opens original article in a new tab)

Virginia's budget impasse risks damaging the state's reputation by terminating a successful data center tax exemption program, potentially harming economic growth and business confidence.

• Virginia's Data Center Retail Sales & Use Tax Exemption program has driven $80 billion in investment and 170,000 jobs.
• The Virginia Senate plans to terminate the program eight years early, despite businesses meeting their obligations.
• The program's termination could harm Virginia's reputation as a reliable partner for business investments.