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Committee approves sales-tax exemption aimed at luring energy-storage manufacturers
Summary
The Revenue and Taxation Committee voted Feb. 14 to pass Senate Bill 2 13 as amended, creating a sales-and-use tax exemption for qualifying energy storage manufacturing facilities; sponsor and a local startup argued it could bring hundreds of jobs though no in-state manufacturers currently exist.
The Utah Senate Revenue and Taxation Committee on Feb. 14 passed Senate Bill 2 13, Sales and Use Tax Modifications, as amended. The bill creates a sales-and-use tax exemption for qualifying energy storage manufacturing facilities that manufacture in Utah. The committee voted to pass the bill and recommend it to the Senate floor; recorded support was 4–0 in committee.
Sponsor Senator Harper told the committee the measure is modeled on past exemptions used to attract large manufacturers, citing Utah's…
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