A 4974
Provides 10-year sales and use tax exemption for sales of materials, supplies, and services for certain energy infrastructure projects.
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Sign in to take action- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill would temporarily exempt sales tax on materials, supplies, and services used for certain energy infrastructure projects in New Jersey. Specifically, it would provide a 10-year sales and use tax exemption for the construction of new energy generation facilities, major improvements to existing facilities, and the completion of new or improved energy storage systems. This aims to encourage investment in these critical energy projects.
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