06/17/2026
Virginia's budget negotiations are heating up.
The House and Senate have released competing budget proposals, with key differences in education funding, healthcare spending, housing initiatives, and the future of Virginia's data center tax exemptions. As lawmakers work toward a final agreement before the June 30 deadline, the outcome could have significant implications for businesses, taxpayers, and economic development across the Commonwealth.
Understanding how these proposals align, and where they diverge, is essential for organizations monitoring Virginia's tax and fiscal landscape.
Read the full breakdown here and stay informed on the policies that could impact your business: Virginia Mercury article
Lawmakers present different ideas on how the state should fund key priorities in healthcare and education, while data centers’ tax exemption remains a sticking point.