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The Nexus
POLITICSJun 17 · 15:47 UTCVIRGINIA MERCURYShannon Heckt

Senate budget proposal keeps data center sales tax exemption, adds new tax for industry

The Virginia Senate's budget proposal maintains a sales tax exemption for data centers but introduces a tiered tax on diesel generators used by the industry, projected to generate $1.8 billion for the state. The tax aims to address pollution concerns and offset lost revenue from the exemption, with varying rates based on generator types.

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