A pair of newly signed bills will expand the agricultural sales tax exemption to include items used to produce products for the market in a Controlled Environment Agriculture commercial facility.
Governor Glenn Youngkin signed House Bill 1563 and Senate Bill 1240 on Tuesday. According to a release, such Controlled Environment Agriculture, or CEA, facilities can get sales tax exemptions for some of the purchases they make.
These new laws expand the exemption to include tangible personal property items used in the construction of a CEA facility.
“Targeted investments and support for advanced training in cutting-edge agricultural technology training is vital in making Virginia the number one destination in the nation for controlled environment agriculture,” said Youngkin.“Innovation is critical to creating a resilient food system that prevents a rapidly growing world population from suffering food insecurity while responding to consumer demand for healthier, more sustainable food options.
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