PHOENIX (AP) — The Arizona Senate has joined the House in approving legislation exempting coal used in a power plant on the Navajo Nation from the state’s sales tax as a way to help make it more attractive for a new buyer.
The Navajo Generating Station in Page is set to close at the end of 2019 unless a new owner is found. Peabody Energy’s Kayenta Mine supplies the coal.
The measure passed the Senate on an 18-12 vote Thursday and now heads to Gov. Doug Ducey for consideration. The tax cut costing the state general fund an estimated $12 million a year goes into effect if the plant is sold.
The Legislature’s budget staff says Arizona will lose the revenue anyway if the plant closes.
Most Read Nation & World Stories
- At-home COVID-19 tests: What to know about expiration dates, new variants
- Iran’s president threatens U.S. officials from the U.N. podium, dimming hopes for a rapprochement
- Lawmaker proposes sending WA families a gas tax refund check
- Sports on TV & radio: Local listings for Seattle games and events
- A surfer wanted to catch waves from Hurricane Lee. A shark bit his face
The legislation is House Bill 2003