Prince William County votes not to increase taxes on data centers

Virginia

As Prince William County finalizes their budget for the 2020 fiscal year, in a special meeting Wednesday night, they voted not to increase a tech tax on the area’s data centers.

The Prince William County Board of Supervisors took to the board room to vote to double a tech tax that currently stands at a $1.25 for every $100 of the assessed value of computer software.

Chairman-at-Large Corey Stewart says the data center industries need to pay their fair share, however that didn’t sit well with half the board as they voted to not hear the matter any further.

Members of the Chamber of Commerce said this was a win for the County’s booming economy.

“This is just an investment in our future, we are thrilled that we have the numbers here and it shows that we have the leadership and that we want to maintain a stable and predictable business environment for Prince William County,” said Ross Snare, member of Prince William County Chamber of Commerce. 

The board is set to adopt its budget on April 30.
 

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

More Maryland
More West Virginia
More I-270
More Virginia
More Pennsylvania

Stay Connected

Events

Don't Miss

More Local News

Trending Stories