S 3353: Provides an exemption for the sale and installation of residential and commercial geothermal heat pump systems equipment
Topics
✓ Budget & TaxesSupports Budget & TaxesBill exempts geothermal equipment sales/installation from state sales tax, providing tax relief per support indicators.
✓ EnergySupports EnergyExempts geothermal heat pump sales/installation from tax, directly promoting renewable energy adoption and reducing cost barriers for clean energy infrastructure.
✓ EnvironmentSupports EnvironmentExempts geothermal systems from sales tax, promoting clean energy adoption and reducing fossil fuel dependence for heating/cooling
✓ HousingSupports HousingExempts geothermal systems from sales tax for residential properties, lowering installation costs and reducing long-term energy expenses for homeowners, advancing affordable housing affordability.