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Senate approves energy‑storage tax credit capped at $5 million; sponsor adds heavy‑duty trucks and vehicle classes
Summary
Fourth substitute S.B.77 expands a tax credit for on‑site energy storage and adds class 7 and 8 electric vehicles; senators raised a procedural point about a fiscal note but staff confirmed a $5,000,000 fiscal note and the Senate passed the substitute by roll call.
The Utah Senate passed the fourth substitute to Senate Bill 77, a bill that creates a tax credit aimed at promoting on‑site energy storage and builds incentives for resilience and grid reliability.
Sponsor Senator Kitchen told the chamber the measure is intended to “stop energy waste, promote clean energy and build a more resilient and smart energy grid,” adding that the credit covers purchases of on‑site battery storage for both small‑scale (residential) and large energy users and includes class 7 and 8 electric vehicles used in freight transport. "The tax credit itself is capped at 5,000,000," the sponsor said on the floor.
A point of order from Senator Hilliard questioned whether a fiscal note was posted for the fourth substitute; the presiding officer and staff confirmed a fiscal note is available online for the second substitute and that the capped $5,000,000 figure remains accurate for the fourth substitute. The sponsor said he would share an updated fiscal note with the body.
The Senate approved the fourth substitute on a roll‑call vote of 23 yea, 3 nay, 3 absent. Sponsors said the bill will be transmitted to the House for consideration.
Next steps: S.B.77 will be sent to the House. The sponsor indicated plans to circulate the fiscal‑note update to the full body and to follow up with committee staff on implementation details; the credit is capped in statute at $5 million.
