HB641

Virginia's Great Outdoors Act creates a data center land conservation tax and allocates revenues for land conservation and outdoor recreation.

The Virginia's Great Outdoors Act establishes a data center land conservation tax, imposing a tax of $3 per square foot on data centers with a footprint of 25,000 square feet or more. Revenues from this tax, starting July 1, 2028, will be distributed to various funds and programs for land conservation and outdoor recreation. At least $250 million annually will be allocated to the State Park Conservation Resources Fund, infrastructure improvements, and other capital projects.