SB465
Retail Sales and Use tax; exemption for data centers.
Status:
In Senate
Latest Action:
Feb. 5, 2026
Senate: Fiscal Impact statement From TAX (2/5/2026 1:11 pm)
Chief Patron:
Creigh Deeds (D)
Session:
2026 Regular Session
Summary
As Introduced. Sales and use tax exemption; data centers.
Requires data center operators to meet certain energy efficiency standards in order to be eligible for the sales and use tax exemption for data center purchases. Under the bill, a data center operator shall be eligible for the exemption only if such operator demonstrates that (i) its facilities either have ... (More) a power usage effectiveness score of no greater than 1.2 or, for data centers co-located in buildings with other commercial uses, achieve an energy efficiency level of no less than the most efficient 15 percent of similar buildings constructed in the previous five years and (ii) by January 1, 2028, it will procure carbon-free renewable energy and associated renewable energy certificates equal to 90 percent of its electricity requirements or its electricity will be otherwise derived from non-carbon-emitting, renewable sources. (Less)-
Bill History
- 01/13/2026 - Senate: Prefiled and ordered printed; Offered 01-14-2026 26100164D
- 01/13/2026 - Senate: Referred to Committee on Finance and Appropriations
- 02/05/2026 - Senate: Fiscal Impact statement From TAX (2/5/2026 1:11 pm)
