Budget & Taxes (Sales Tax)

SB 212 exempts sales of qualified ski area equipment (such as snowgroomers, bulldozers, and snowmaking systems) and construction or improvements to buildings on ski areas from the state gross receipts tax. This exemption applies specifically to sales made to ski area operators (businesses running ski resorts) for use exclusively in their operations. The tax exemption, effective July 1, 2026, does not apply to local option taxes and requires taxpayers to report exemptions to the state tax department. The bill also updates tax deduction rules to include ski area projects as eligible for construction material and service deductions.

SB 60 reduces tax rates for businesses on income, gross receipts, and gaming devices while increasing the bingo and raffle tax. It repeals nine tax laws - including the estate tax, gasoline tax, and railroad tax - and removes authorization for tax increment funding for redevelopment projects. The bill adds a gross receipts tax exemption for donations to nonprofits and imposes new registration fees for electric vehicles. These changes primarily affect businesses, nonprofits, and local governments managing tax revenues.