Virginia Gov. Bob McDonnell helped Acentia CEO Todd Stottlemyer open the company’s new headquarters in Falls Church, Va. on Tuesday.
McDonnell participated in the ribbon-cutting event and signed several pieces of data center-related legislation during a Northern Virginia Technology Council event Tuesday, according to an NVTC release.
The council said the HB 216 / SB 112 legislation expands the state’s current data center sales tax exemption to cover data center tenants, designed to attract jobs and investments
McDonnell signed additional legislation that extends the state’s capital gains tax exemptions for technology startup investors through June 30, 2015.
The exemptions were originally passed in 2010 for a three-year period.
Virginia’s telework tax credit, originally passed in 2011, is also extended through Dec. 21, 2016.
McDonnell said the bills are intended to make Virginia more competitive in the technology industry and create jobs for citizens.