Battery powered electric vessels

From the 2024 DOR Tax Exemption Study

82.08.996, 82.12.996 - Battery powered electric vessels Description Sales and use taxes do not apply to the sale or use of: - New battery-powered electric marine propulsion systems (“EMPSs”). - New vessels equipped with battery powered EMPSs. - Batteries and battery packs used to exclusively power EMPSs or hybrid EMPSs and labor and services rendered in respect to installing, repairing, altering, or improving such batteries or battery packs. Only EMPSs, and the batteries or battery packs used exclusively to power them, with continuous power greater than 15 kilowatts qualify for the exemption. “Battery-powered electric marine propulsion systems” are fully electric outboard or inboard motors used by vessels whose sole source of propulsive power is the energy stored in the battery packs and include required accessories, such as throttles, displays, and battery packs. “Vessels” include every new watercraft, other than seaplanes, that are used or capable of being used as a means of transportation on the water. Additionally, sales and use taxes do not apply to the sale or use of: - New shoreside batteries purchased and installed for the purpose of reducing grid demand when charging elect