Data Center Tax Deal Nears

Virginia lawmakers race against a June 30 deadline to avoid a government shutdown, locked in a fierce budget battle over nearly $2 billion in tax breaks for booming data centers. Governor Spanberger insists on a deal, pushing for new energy consumption taxes to replace the subsidies while preserving local jobs and investment. Senators are split—some want to scrap the breaks entirely, others demand more time to study the impact. A compromise looms: the Senate’s latest plan keeps current tax breaks but adds targeted energy taxes expected to generate $1.8 billion. The House will vote Monday after the full budget is released this weekend. Beyond data centers, the deal also includes plans for a regulated cannabis market—bringing the state closer to a final agreement. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/563f6fc5c0e6bea6