Luke Torian
Coverage of Luke Torian in the Nexus archive.
- New House budget strips environmental standards for data centers, creates commission instead
The House budget proposal removes environmental standards for data centers and replaces them with a commission to study the industry's impacts. The plan aims to maintain tax exemptions for data centers while addressing energy demands and revenue generation.
- With budget deadline looming, Virginia lawmakers remain at odds over data center tax breaks
Virginia lawmakers are divided over whether to continue a sales tax exemption for data centers as the fiscal 2027 budget deadline approaches. The Senate voted to end the tax break, which the House rejected, with Gov. Abigail Spanberger advocating for data centers to pay their 'fair share' while facing potential government shutdown risks.
- Virginia revenue forecast jumps by $1.5 billion as budget talks continue
Virginia’s revenue forecast increased by $1.5 billion over three fiscal years, providing lawmakers more flexibility as budget negotiations remain stalled over disagreements on data center tax incentives and spending priorities. The updated projections show higher-than-expected General Fund revenues for 2026–2028, with lawmakers set to reconvene in June to finalize a budget before the June 30 fiscal deadline.