Establishes sales tax exemptions for commercial energy storage systems equipment.
Providing a property tax exemption for new energy storage systems and excluding new energy storage systems from the commercial and industrial machinery and equipment exemption.
Revenue and taxation; sales tax; exemptions; commercial forestry equipment; effective date.
Authorizes ORES to issue siting permits for battery energy storage systems for use by data centers, regardless of the expected storage or transmission capacity of such battery energy storage systems, and whether or not such battery energy storage systems will be co-located with renewable energy systems; requires data centers to submit carbon reduction plans.
Grants an exemption for the purchase of energy efficient snow making equipment, ski lift equipment, snow grooming equipment, and the production of snow by a recreational ski facility from state sales and compensating use tax.
An Act to Clarify the Status of Energy Storage Systems with Regard to the Business Equipment Tax Exemption and the Business Equipment Tax Reimbursement Program
Expands the solar energy system equipment tax credit to cover solar energy system equipment installed in a community solar array; defines "community solar array" to mean a location other than a person's principal residence where solar energy system equipment is owned and installed for use in such person's principal residence.
Relates to qualified energy storage systems; authorizes energy storage permitting under the office of renewable energy siting and electric transmission.
Exempts from sales tax energy storage systems, as defined in § 39-33-1.
Exempts from sales tax energy storage systems, as defined in § 39-33-1.