Authorizes a sales tax exemption for certain nuclear facilities
HB 2721 establishes a sales tax exemption for specific items used in constructing and operating nuclear security enterprises located in large cities across multiple counties. The bill directly affects facilities that meet federal definitions for defense nuclear use, allowing them to purchase materials, machinery, utilities, and other supplies without paying state or local sales taxes. This tax break is designed to reduce costs for these specific projects and is set to expire on August 28, 2034.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2024
Committee Review
Floor Vote
Governor
Introduced Feb 19, 2024
Last action May 17, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
May 17, 2024
Committee
Referred: General Laws(H)
lower
Feb 19, 2024
Introduced
Introduced and Read First Time (H)
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jon Patterson
RRepublican
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