Property tax; data centers. Provides that if data center fixtures are taxed as part of the real property where they are located, they shall be valued based on depreciated reproduction or replacement cost, rather than based on the amount of income they generate. This bill is identical to HB 791.

Statutes affected:
Senate: Prefiled and ordered printed; offered 01/12/22 22104161D: 58.1-3500
Senate: Bill text as passed Senate and House (SB513ER): 58.1-3500
Governor: Acts of Assembly Chapter text (CHAP0672): 58.1-3500