US (PA): Tax break proposed for indoor farms

A Pennsylvania state senator wants to encourage the development of indoor farms through a tax exemption.

Sen. Lisa M. Boscola, D-Bethlehem Township, said she developed the idea after an indoor farm’s recent opening in her district. The proposed sales and use tax exemption would apply to companies that meet investment and payroll thresholds and is based on an existing incentive for data centers.

Boscola said indoor farms face high capital investment costs but can grow crops without pesticides and with 5% of the water needed for field crops. Skeptics say indoor farming entails high energy costs and can grow a limited range of crops.

Read the complete article at 

Publication date:

Receive the daily newsletter in your email for free | Click here

Other news in this sector:

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber