Taxes - As enacted, allows nuclear energy production facilities to seek pollution control tax credits for certain machinery and equipment. - Amends TCA Title 67.

Summary

This bill amends Tennessee's tax code to provide sales and use tax exemptions for equipment and machinery used in uranium enrichment, deconversion, and conversion processes at nuclear energy facilities. The legislation specifically exempts from taxation all machinery, equipment, parts, fluids, and associated labor costs that are primarily used for enriching uranium through technologies like gaseous diffusion or centrifuge methods, converting uranium oxide to hexafluoride form, or deconverting uranium hexafluoride to oxide or metallic forms. These tax exemptions apply regardless of who owns the uranium materials being processed or the specific contractual arrangements between facility owners and their customers, effectively reducing operational costs for nuclear energy production facilities in Tennessee.

Bill history

1. Invalid Date · House
   Filed for introduction
2. Invalid Date · House
   Intro., P1C.
3. Invalid Date · House
   P2C, ref. to Finance, Ways, and Means Committee
4. Invalid Date · House
   Assigned to s/c Finance, Ways, and Means Subcommittee
5. Invalid Date · House
   Placed on s/c cal Finance, Ways, and Means Subcommittee for 2/19/2025
6. Invalid Date · House
   Meeting Canceled
7. Invalid Date · House
   Placed on s/c cal Finance, Ways, and Means Subcommittee for 2/26/2025
8. Invalid Date · House
   Rec. for pass by s/c ref. to Finance, Ways, and Means Committee
9. Invalid Date · House
   Placed on cal. Finance, Ways, and Means Committee for 3/4/2025
10. Invalid Date · House
    Sponsor(s) Added.
11. Invalid Date · House
    Rec. for pass; ref to Calendar & Rules Committee
12. Invalid Date · House
    Placed on cal. Calendar & Rules Committee for 3/6/2025
13. Invalid Date · House
    H. Placed on Consent Calendar for 3/10/2025
14. Invalid Date · House
    Objected to on Consent Calendar.
15. Invalid Date · House
    Sponsor(s) Added.
16. Invalid Date · House
    H. Placed on Regular Calendar for 3/13/2025
17. Invalid Date · House
    Sponsor(s) Added.
18. Invalid Date · House
    Passed H., Ayes 87, Nays 2, PNV 1
19. Invalid Date · House
    Engrossed; ready for transmission to Sen.
20. Invalid Date · Senate
    Received from House, Passed on First Consideration
21. Invalid Date · Senate
    Senate substituted House Bill for companion Senate Bill.
22. Invalid Date · Senate
    Senate adopted Amendment (Amendment 1 - SA0255)
23. Invalid Date · Senate
    Passed Senate as amended, Ayes 30, Nays 0
24. Invalid Date · House
    H. Placed on Message Calendar 4/10/2025
25. Invalid Date · House
    H. nonconcurred in S. am. no. 1 HB1133
26. Invalid Date · Senate
    Placed on Senate Message Calendar for 4/16/2025
27. Invalid Date · Senate
    Senate Reset on calendar for 4/17/2025
28. Invalid Date · Senate
    Placed on Senate Message Calendar for 4/17/2025
29. Invalid Date · Senate
    Senate refused to recede from amendment
30. Invalid Date · House
    H. Placed on Message Calendar 4/21/2025
31. Invalid Date · House
    H. concurred in S. am. no. 1 Ayes 70, Nays 24 PNV 1 HB1133
32. Invalid Date · House
    Enrolled; ready for sig. of H. Speaker.
33. Invalid Date · House
    Signed by H. Speaker
34. Invalid Date · Senate
    Signed by Senate Speaker
35. Invalid Date · House
    Transmitted to Governor for his action.
36. Invalid Date
    Signed by Governor.
37. Invalid Date
    Pub. Ch. 517
38. Invalid Date
    Effective date(s) 07/01/2025

Votes

Historical import. Session: 114