VA HB1132

Localities with at least 20 data centers must create a Local Residential Renewable Energy Incentive Program funded by new tax revenue from data center real estate and machinery/tools assessments above the July 1, 2026 base value

15% of new data center revenue must fund residential solar and battery storage investments, with another 15% providing pro rata reimbursements to residents for tangible personal property taxes on qualifying vehicles

Program prioritizes grants for rooftop solar to households at or below 80% area median income, those spending at least 6% of income on energy, and public assistance recipients

Only licensed electrical contractors authorized for alternative energy system contracting may participate as qualified installers, and property owners cannot be forced to participate

Local treasurers who violate program requirements face Class 1 misdemeanor charges, with remaining funds transferred to the Department of Energy for administration