Loading chat...
TX HB5119
Bill
Status
3/13/2025
Primary Sponsor
Cody Harris
Click for details
AI Summary
-
Exempts from state sales and use taxes any items incorporated into or consumed during construction of nuclear projects in Texas
-
Defines "nuclear project" broadly to include nuclear power generation sites, nuclear reactors, nuclear reactor manufacturing facilities, nuclear fuel reprocessing/recycling facilities, and uranium enrichment facilities
-
Exemption applies only to tax liability accruing after the effective date; prior tax obligations remain enforceable under existing law
-
Takes effect immediately upon receiving two-thirds vote in both legislative chambers, otherwise takes effect September 1, 2025
Legislative Description
Relating to an exemption from sales and use taxes for items used to construct a nuclear project.
Taxation
Last Action
Referred to Ways & Means
4/7/2025