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Senate advances semiconductor sales-tax exemption to third reading amid fiscal-note debate
Summary
Senators debated SB 17, a sales-use tax exemption for semiconductor fabrication inputs, with sponsors arguing it helps recruit investment and opponents pressing for Tax Review Commission input and fiscal clarity; the bill was advanced to third reading by a recorded vote.
SALT LAKE CITY — The Utah Senate moved SB 17, a bill extending a sales and use tax exemption for semiconductor fabricating and processing materials, to the third-reading calendar after an extended policy debate on Jan. 21.
Sponsor Sen. Curt Bramble (read on the floor) told senators an industry email reported 20 open positions at one manufacturer and that Fairchild’s decision to keep operations in Utah rather than close a plant elsewhere illustrated the exemption’s…
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