Virginia’s budget could tax data centers’ power use to raise up to $600M yearly.

Soto said that the exemption cost Virginia nearly $2 billion in lost revenue last fiscal year.

Virginia Gov. Abigail Spanberger and her fellow state Democrats romped to a governing trifecta last year, pledging to curtail ...

Monday that imposes an unprecedented tax on data centers’ electricity consumption, resolving an issue—for now—that sharply ...

Democratic leaders in the Virginia General Assembly reached an agreement on a state budget with a compromise on taxing data ...

Virginia lawmakers approved a new budget Monday with teacher raises, tax relief and data center tax changes. It now heads to ...

Legislators say Virginia will collect $600 million a year with this new tax.

Virginia's state budget passed both the House and Senate Monday, ending a standoff over data center tax policy that had ...

Virginia lawmakers are keeping the state's data center tax break but adding a tax on their energy use that could cost ...

This weekend shoppers can save big during the Virginia sales tax holiday. It usually takes place in August, but lawmakers failed to renew it during budget negotiations over the summer. According to a ...