Micron’s planned semiconductor expansion in Onondaga County is getting more time to use a major tax break as the project’s construction timeline shifts.
The Onondaga County Industrial Development Agency voted unanimously to extend the termination date for Micron’s sales tax exemption on building supplies. The original four-year deal gave Micron $1.76 billion in savings on state and local sales taxes for construction materials.
The board approved Micron’s request to extend the deal to 10 years. The decision comes as completion of the first fabrication plant has been pushed back by two years, until late 2030…