Provides 10-year sales and use tax exemption for sales of materials, supplies, and services for certain energy infrastructure projects.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill creates a temporary sales and use tax exemption in New Jersey for materials, supplies, and services used in the construction or significant improvement of certain energy infrastructure projects. Specifically, it covers the building of new energy generation facilities, major upgrades to existing facilities, and the installation of new or improved energy storage systems. The exemption will last for 10 years from the bill’s enactment date.
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1 on record
Primary sponsor
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