S 2735
Provides sales and use tax exemption for sales of fuel cell devices and systems and certain tangible personal property powered by fuel cells.
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- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Bill overview
This bill creates an exemption from New Jersey’s sales and use tax for sales of fuel cell devices and systems, as well as certain tangible personal property powered by fuel cells. It amends existing tax laws to specifically include fuel cells within the existing exemptions for solar energy. The bill also expands exemptions for natural gas and utility service used as fuel in fuel cells, and for tangible personal property directly powered by fuel cells. This aims to encourage the adoption of fuel cell technology in the state.
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