Creates Data Center Land Preservation Tax

Virginia · HB641 · Introduced Jan 13, 2026

Why it matters

Data centers would pay a new tax, with the money going to protect land and support Virginia tribes. Landowners who donate land for conservation could also see tax credits change.

What it does

  • Sets aside at least $250 million a year from a new data center land tax for land protection
  • Starts the set-aside on July 1, 2028
  • Creates a Virginia Tribal Commitment Fund for tribal nation building and land acquisition
  • Keeps unused fund money in the fund at year's end instead of returning it to the general fund

Status

Latest action (2026-07-21): Continued from last session

About this bill

Would create a tax on data centers and send at least $250 million a year from it to protect land starting July 1, 2028. It would also create a fund to support Virginia tribes.

AI draft

Perspectives

💬 The case for

Land conservation groups would likely say the tax gives steady money to protect farms, forests, and recreation areas. Tribal groups would likely say the fund helps them protect their lands.

💬 The case against

Data center companies would likely say the new tax raises their costs. Some lawmakers may argue the bill adds new spending while the state already has land programs.

Sponsored by

Sponsor details for this state bill are at the source link.

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