VA SB1522 | 2023 | Regular Session
Status
Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Passed on March 26 2023 - 100% progression
Action: 2023-03-26 - Governor: Acts of Assembly Chapter text (CHAP0671)
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Passed on March 26 2023 - 100% progression
Action: 2023-03-26 - Governor: Acts of Assembly Chapter text (CHAP0671)
Text: Latest bill text (Chaptered) [HTML]
Summary
Data centers and cloud computing; sales tax exemption; grant fund. Creates the Cloud Computing Cluster Infrastructure Grant Fund for the purpose of providing grants to qualified companies, defined in the bill as a company, including its affiliates, that enters into a memorandum of understanding with the Virginia Economic Development Partnership Authority and is expected to (i) make or cause to be made a capital investment of at least $50 billion and (ii) create at least 1,500 new full-time jobs that pay an average annual wage of at least one and one-half times the prevailing average wage in the locality where the job is located. The bill requires that, in order to become a qualified company, a company successfully complete a qualification process that includes an endorsement from the MEI Commission and approval in the appropriation act for the amount of grants that are to be provided. Data centers and cloud computing; sales tax exemption; grant fund. Creates the Cloud Computing Cluster Infrastructure Grant Fund for the purpose of providing grants to qualified companies, defined in the bill as a company, including its affiliates, that enters into a memorandum of understanding with the Virginia Economic Development Partnership Authority and is expected to (i) make or cause to be made a capital investment of at least $50 billion and (ii) create at least 1,500 new full-time jobs that pay an average annual wage of at least one and one-half times the prevailing average wage in the locality where the job is located. The bill requires that, in order to become a qualified company, a company successfully complete a qualification process that includes an endorsement from the MEI Commission and approval in the appropriation act for the amount of grants that are to be provided. The bill also extends the data center sales and use tax exemption to 2040 for a data center operator that (a) makes a capital investment of at least $35 billion in data centers in the Commonwealth and (b) creates at least 1,000 direct new jobs, of which at least 100 of such jobs pay at least one and one-half times the prevailing average wage in the Commonwealth. Such data center operator shall be eligible for further extension of the sales and use tax exemption to 2050 if the data center operator (1) makes a total capital investment of at least $100 billion, inclusive of the initial $35 billion investment, and (2) creates a total of at least 2,500 direct new jobs, of which at least 100 of such jobs pay at least one and one-half times the prevailing average wage in the Commonwealth, inclusive of the 1,000 jobs initially created.
Title
Cloud Computing Cluster Infrastructure Grant Fund; created.
Sponsors
Roll Calls
2023-02-25 - House - House: VOTE: Adoption (78-Y 14-N 1-A) (Y: 78 N: 14 NV: 1 Abs: 7) [PASS]
2023-02-22 - Senate - Senate: Conference report agreed to by Senate (36-Y 4-N) (Y: 36 N: 4 NV: 0 Abs: 0) [PASS]
2023-02-15 - Senate - Senate: Senate acceded to request (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2023-02-15 - Senate - Senate: House substitute with amendment rejected by Senate (0-Y 40-N) (Y: 0 N: 40 NV: 0 Abs: 0) [FAIL]
2023-02-15 - House - House: VOTE: Passage (85-Y 10-N 1-A) (Y: 85 N: 10 NV: 1 Abs: 4) [PASS]
2023-02-13 - House - House: Reported from Appropriations with substitute (21-Y 0-N) (Y: 21 N: 0 NV: 0 Abs: 1) [PASS]
2023-02-06 - Senate - Senate: Read third time and passed Senate (38-Y 1-N) (Y: 38 N: 1 NV: 0 Abs: 1) [PASS]
2023-02-02 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2023-02-01 - Senate - Senate: Reported from Finance and Appropriations (14-Y 1-N) (Y: 14 N: 1 NV: 0 Abs: 0) [PASS]
2023-02-22 - Senate - Senate: Conference report agreed to by Senate (36-Y 4-N) (Y: 36 N: 4 NV: 0 Abs: 0) [PASS]
2023-02-15 - Senate - Senate: Senate acceded to request (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2023-02-15 - Senate - Senate: House substitute with amendment rejected by Senate (0-Y 40-N) (Y: 0 N: 40 NV: 0 Abs: 0) [FAIL]
2023-02-15 - House - House: VOTE: Passage (85-Y 10-N 1-A) (Y: 85 N: 10 NV: 1 Abs: 4) [PASS]
2023-02-13 - House - House: Reported from Appropriations with substitute (21-Y 0-N) (Y: 21 N: 0 NV: 0 Abs: 1) [PASS]
2023-02-06 - Senate - Senate: Read third time and passed Senate (38-Y 1-N) (Y: 38 N: 1 NV: 0 Abs: 1) [PASS]
2023-02-02 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2023-02-01 - Senate - Senate: Reported from Finance and Appropriations (14-Y 1-N) (Y: 14 N: 1 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2023-03-26 | Governor: Acts of Assembly Chapter text (CHAP0671) | |
2023-03-26 | Governor: Approved by Governor-Chapter 671 (effective 7/1/23) | |
2023-03-13 | Governor: Governor's Action Deadline 11:59 p.m., March 27, 2023 | |
2023-03-13 | Senate | Enrolled Bill Communicated to Governor on March 13, 2023 |
2023-03-08 | House | Signed by Speaker |
2023-03-08 | Senate | Signed by President |
2023-03-07 | Senate | Bill text as passed Senate and House (SB1522ER) |
2023-03-07 | Senate | Enrolled |
2023-02-25 | House | VOTE: Adoption (78-Y 14-N 1-A) |
2023-02-25 | House | Conference report agreed to by House (78-Y 14-N 1-A) |
2023-02-22 | Senate | Conference report agreed to by Senate (36-Y 4-N) |
2023-02-20 | Conference: Amended by conference committee | |
2023-02-15 | House | Delegates: Knight, Austin, Torian |
2023-02-15 | House | Conferees appointed by House |
2023-02-15 | Senate | Senators: Barker, McPike, Pillion |
2023-02-15 | Senate | Conferees appointed by Senate |
2023-02-15 | Senate | Senate acceded to request (40-Y 0-N) |
2023-02-15 | House | House requested conference committee |
2023-02-15 | House | House insisted on substitute with amendment |
2023-02-15 | Senate | House substitute with amendment rejected by Senate (0-Y 40-N) |
2023-02-15 | House | VOTE: Passage (85-Y 10-N 1-A) |
2023-02-15 | House | Passed House with substitute with amendment (85-Y 10-N 1-A) |
2023-02-15 | House | Engrossed by House - committee substitute with amendment SB1522H1 |
2023-02-15 | House | Amendment by Delegate Knight agreed to |
2023-02-15 | House | Committee substitute agreed to 23106561D-H1 |
2023-02-15 | House | Read third time |
2023-02-14 | House | Read second time |
2023-02-13 | House | Committee substitute printed 23106561D-H1 |
2023-02-13 | House | Reported from Appropriations with substitute (21-Y 0-N) |
2023-02-10 | House | Assigned App. sub: Commerce Agriculture & Natural Resources |
2023-02-08 | House | Referred to Committee on Appropriations |
2023-02-08 | House | Read first time |
2023-02-08 | House | Placed on Calendar |
2023-02-06 | Senate | Read third time and passed Senate (38-Y 1-N) |
2023-02-03 | Senate | Read second time and engrossed |
2023-02-02 | Senate | Constitutional reading dispensed (40-Y 0-N) |
2023-02-01 | Senate | Reported from Finance and Appropriations (14-Y 1-N) |
2023-01-20 | Senate | Referred to Committee on Finance and Appropriations |
2023-01-20 | Senate | Presented and ordered printed 23102446D |
Same As/Similar To
HB2479 (Same As) 2023-03-27 - Governor: Acts of Assembly Chapter text (CHAP0678)
Subjects
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
58 | 1 | 609.3 | (n/a) | See Bill Text |
59 | 1 | 284.41 | (n/a) | See Bill Text |