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Developed and maintained by the Division of Legislative Automated Systems.
2023 SESSION
SB 1522 Cloud Computing Cluster Infrastructure Grant Fund; created.
Introduced by: George L. Barker | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
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. This bill is identical to HB 2479.
FULL TEXT
- 01/20/23 Senate: Presented and ordered printed 23102446D pdf | impact statement
- 02/13/23 House: Committee substitute printed 23106561D-H1 pdf | impact statement
- 03/07/23 Senate: Bill text as passed Senate and House (SB1522ER) pdf | impact statement
- 03/26/23 Governor: Acts of Assembly Chapter text (CHAP0671) pdf
AMENDMENTS
- House committee, floor amendments and substitutes offered
- House amendments adopted
- House amendments engrossed
- Conference amendments
HISTORY
- 01/20/23 Senate: Presented and ordered printed 23102446D
- 01/20/23 Senate: Referred to Committee on Finance and Appropriations
- 02/01/23 Senate: Reported from Finance and Appropriations (14-Y 1-N)
- 02/02/23 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/03/23 Senate: Read second time and engrossed
- 02/06/23 Senate: Read third time and passed Senate (38-Y 1-N)
- 02/08/23 House: Placed on Calendar
- 02/08/23 House: Read first time
- 02/08/23 House: Referred to Committee on Appropriations
- 02/10/23 House: Assigned App. sub: Commerce Agriculture & Natural Resources
- 02/13/23 House: Reported from Appropriations with substitute (21-Y 0-N)
- 02/13/23 House: Committee substitute printed 23106561D-H1
- 02/14/23 House: Read second time
- 02/15/23 House: Read third time
- 02/15/23 House: Committee substitute agreed to 23106561D-H1
- 02/15/23 House: Amendment by Delegate Knight agreed to
- 02/15/23 House: Engrossed by House - committee substitute with amendment SB1522H1
- 02/15/23 House: Passed House with substitute with amendment (85-Y 10-N 1-A)
- 02/15/23 House: VOTE: Passage (85-Y 10-N 1-A)
- 02/15/23 Senate: House substitute with amendment rejected by Senate (0-Y 40-N)
- 02/15/23 House: House insisted on substitute with amendment
- 02/15/23 House: House requested conference committee
- 02/15/23 Senate: Senate acceded to request (40-Y 0-N)
- 02/15/23 Senate: Conferees appointed by Senate
- 02/15/23 Senate: Senators: Barker, McPike, Pillion
- 02/15/23 House: Conferees appointed by House
- 02/15/23 House: Delegates: Knight, Austin, Torian
- 02/20/23 Conference: Amended by conference committee
- 02/22/23 Senate: Conference report agreed to by Senate (36-Y 4-N)
- 02/25/23 House: Conference report agreed to by House (78-Y 14-N 1-A)
- 02/25/23 House: VOTE: Adoption (78-Y 14-N 1-A)
- 03/07/23 Senate: Enrolled
- 03/07/23 Senate: Bill text as passed Senate and House (SB1522ER)
- 03/08/23 Senate: Signed by President
- 03/08/23 House: Signed by Speaker
- 03/13/23 Senate: Enrolled Bill Communicated to Governor on March 13, 2023
- 03/13/23 Governor: Governor's Action Deadline 11:59 p.m., March 27, 2023
- 03/26/23 Governor: Approved by Governor-Chapter 671 (effective 7/1/23)
- 03/26/23 Governor: Acts of Assembly Chapter text (CHAP0671)