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Senate of Virginia: Finance and Appropriations on 2026-01-21 [Finished]

Senate of Virginia · January 22, 2026

Staff and the secretary of finance briefed the Senate on Virginia's fiscal outlook and proposed amendments to SB 29 and SB 30, highlighting $395,000,000 in revenues ahead of forecast, tax-conformity choices, major Medicaid cost pressures and proposed education and capital investments. Committee members asked questions about federal HR 1 impacts, data center tax exemptions, and program implementation timelines.

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