Virginia's Great Outdoors Act; established, creates data center land conservation tax.
Continued from last session
Summary
The bill creates a $3‑per‑square‑foot tax on the footprint of data‑center facilities starting in 2027 and directs at least $250 million of the revenue to land‑preservation efforts, including a new Virginia Tribal Commitment Fund. It also removes a prior requirement that the governor earmark up to $20 million for other conservation funds. The measure affects data‑center owners, state conservation funds, and Virginia’s tribal communities.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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