Sales and Use Tax - Electricity for Agriculture Purposes - Study and Report

Summary

The bill directs the Comptroller, in consultation with the Public Service Commission and PJM Interconnection, to examine whether electricity purchased by farmers for livestock, soil work, or crop handling should be exempt from the state's sales and use tax. The study must include an estimate of the fiscal impact of such an exemption and be delivered to the General Assembly by December 15, 2026. Electric utilities may be required to supply usage data to support the analysis.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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