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A BILL TO BE ENTITLED
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AN ACT
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relating to an exemption from sales and use taxes for items used to |
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construct a nuclear project. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter H, Chapter 151, Tax Code, is amended |
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by adding Section 151.3183 to read as follows: |
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Sec. 151.3183. NUCLEAR PROJECTS. (a) In this section, |
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"nuclear project" includes a: |
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(1) nuclear power generation site or facility; |
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(2) nuclear reactor; |
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(3) nuclear reactor manufacturing facility; |
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(4) facility for reprocessing or recycling nuclear |
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fuel; and |
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(5) facility for enriching uranium. |
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(b) A taxable item is exempted from the taxes imposed by |
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this chapter if the item is incorporated into a nuclear project or |
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consumed in the construction of a nuclear project. |
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SECTION 2. The change in law made by this Act does not |
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affect tax liability accruing before the effective date of this |
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Act. That liability continues in effect as if this Act had not been |
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enacted, and the former law is continued in effect for the |
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collection of taxes due and for civil and criminal enforcement of |
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the liability for those taxes. |
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SECTION 3. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2025. |