Utah Enacts Law Restricting Tax Incentives for Solar Plants on Farmland

The Utah Governor signed a law establishing new regulations for solar power plants that restrict state tax incentives for facilities built on prime agricultural land and require decommissioning plans with financial assurances. The law includes clarifying that solar power plants on certain soil types will be ineligible for state incentives, including clean energy systems tax credits, high-cost infrastructure tax credits, and alternative energy development tax credits. The law takes effect May 6. [H.B. 16, enacted 03/25/26]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.