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Will Virginia kill the data center boom? (opens original article in a new tab)

TL;DR

Virginia faces potential economic harm if the Senate terminates a successful data center tax exemption program, risking its reputation as a reliable business partner and undermining long-term investments.

  • Virginia's data center tax exemption program has driven $80 billion in investments and 170,000 jobs.
  • The Senate plan to end the program early could lead to litigation and damage Virginia's business reputation.
  • Businesses and officials warn that breaking commitments may deter future investments and harm economic growth.

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