Virginia has a new two-year budget. Here’s what lawmakers now require of data centers.

Virginia's new two-year budget introduces a new tax for data centers, which are the most energy-intensive industry in the state, marking a shift in how lawmakers manage energy consumption and costs. While preserving the sales and use tax exemption, this move reflects ongoing efforts to balance economic growth with environmental sustainability. The implications of this tax could influence future data center operations and investments in the state, potentially driving more sustainable practices as the industry navigates these new financial requirements.