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TX SB713
Bill
Status
1/6/2025
Primary Sponsor
Kevin Sparks
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AI Summary
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Reduces the surcharge for disposal of nonparty compact waste at the Texas Low-Level Radioactive Waste Disposal Compact facility from 20% to 15% of the total contracted rate
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Changes distribution of the disposal surcharge so that two-thirds goes to the environmental radiation and perpetual care account, with the remaining one-third remitted to the host county
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Modifies the 20% quarterly remittance on gross receipts from long-term storage (over one year) of radioactive waste or elemental mercury, splitting it equally between the general revenue fund (50%) and the host county (50%)
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Storage remittance provisions apply only to radioactive waste or elemental mercury stored for more than one year at or adjacent to the compact waste disposal facility
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Takes effect September 1, 2025, applying only to surcharges collected or remittances made on or after that date
Legislative Description
Relating to the surcharge for the disposal, and the remittance for the storage, of certain waste at the Texas Low-Level Radioactive Waste Disposal Compact waste disposal facility; decreasing the amount of the surcharge and changing how the surcharge and remittance are distributed.
Taxation
Last Action
Referred to Natural Resources
2/7/2025