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Utah House advances renewable-energy sales-tax exemption after debate over fiscal impact
Summary
The Utah House approved a third-substitute bill to create a sales and use tax exemption for renewable-energy production equipment after debate over a revised fiscal analysis and an amendment to include hydroelectric power in the definition of renewable energy.
Salt Lake City — The Utah House approved third-substitute House Bill 89 on third reading, advancing a sales-and-use-tax exemption for equipment used in renewable-energy production.
Representative James Gowans, the bill sponsor, told colleagues the bill "deals with modifying the sales and use tax to create an exemption related to renewable energy production facilities," and said the measure was intended to help Utah companies compete with renewable-energy projects in neighboring states. Gowans said the bill's fiscal note had been changed in rules and that the fiscal…
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