New Jersey S4421 provides a 10-year sales and use tax exemption for materials, supplies, and services used in energy infrastructure projects.
New Jersey S4421 introduces a 10-year sales and use tax exemption for sales of materials, supplies, and services used in qualified energy infrastructure projects. These projects include the construction of new energy generation facilities, major improvements to existing facilities, and the completion of new energy storage systems or improvements to existing ones. The tax exemption applies to sales made to contractors, subcontractors, or repairmen exclusively for these projects.
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