California AB921 proposes tax exemptions and credits for backup electricity generators and small off-road engines.
California AB921 aims to encourage the purchase of backup electricity generators by exempting their sales and use taxes during May from 2027 to 2031. It also provides tax credits for qualified expenditures on backup generators up to $3,500 per year for small businesses and individuals from 2026 to 2031. Additionally, the bill mandates the state board to adopt regulations prohibiting emissions from new small off-road engines by 2024, considering factors like emissions, development timelines, and demand for electricity.
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