Extends sales and use tax exemption to clean energy product manufacturers in New Jersey.

New Jersey S4828 amends the sales and use tax exemption certificate program to include clean energy product manufacturers. These manufacturers can now apply for tax exemptions on purchases related to the construction or renovation of new facilities. The bill exempts clean energy product manufacturers from certain existing requirements, such as demonstrating that receiving the exemption certificate is a material factor in locating the project in the state and having operated continuously in the state for at least 10 years.

Extends sales and use tax exemption to clean energy product manufacturers in New Jersey.

New Jersey S4828 amends the sales and use tax exemption certificate program to include clean energy product manufacturers. These manufacturers can now apply for tax exemptions on purchases related to the construction or renovation of new facilities. The bill exempts clean energy product manufacturers from certain existing requirements, such as demonstrating that receiving the exemption certificate is a material factor in locating the project in the state and having operated continuously in the state for at least 10 years.