Virginia budget deal leans on data-center electricity tax, seeds inland port and education ties

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Source: Cardinal News
Virginia budget deal leans on data-center electricity tax, seeds inland port and education ties
Photo: Cardinal News
TL;DR

Virginia's budget deal preserves data-center incentives but imposes a new electricity tax on their power use (capped at $600M/year), funds an inland port in Washington County, expands the healthcare workforce (including an expansion of the Virginia Tech Carilion School of Medicine), and authorizes a GMU–Averett partnership, while also funding a Roanoke Onzlee Ware statue, allowing local school tax referendums, supporting housing and infrastructure projects (I-81 acceleration, Coalfields Expressway improvements), providing money to demolish the Richmond Coliseum, boosting tourism, and laying groundwork for cannabis retail sales beginning in 2027.

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