Senate conferees propose tiered data‑center impact fee in compromise budget
At a June Senate committee meeting in Richmond, conferees unveiled a compromise budget that keeps many Senate priorities and adds a tiered impact fee on data‑center generators (effective Jan. 1, 2027) to raise revenue while directing new resources to teachers, Medicaid, housing and one‑time investments; conferees will meet House counterparts immediately to negotiate final language.
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The Senate conferees presented a compromise budget proposal in a June committee meeting that would impose a tiered state impact fee on data‑center generators and use the money to support teacher raises, Medicaid and a series of one‑time investments while preserving contingency reserves.
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