HB5119 - Relating to an exemption from sales and use taxes for items used to construct a nuclear project.

  89R15898 BEF-D     By: Harris H.B. No. 5119       A BILL TO BE ENTITLED   AN ACT   relating to an exemption from sales and use taxes for items used to   construct a nuclear project.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Subchapter H, Chapter 151, Tax Code, is amended   by adding Section 151.3183 to read as follows:           Sec.   151.3183.     NUCLEAR PROJECTS. (a) In this section,   "nuclear project" includes a:                 (1)  nuclear power generation site or facility;                 (2)  nuclear reactor;                 (3)  nuclear reactor manufacturing facility;                 (4)     facility for reprocessing or recycling nuclear   fuel; and                 (5)  facility for enriching uranium.           (b)     A taxable item is exempted from the taxes imposed by   this chapter if the item is incorporated into a nuclear project or   consumed in the construction of a nuclear project.          SECTION 2.  The change in law made by this Act does not   affect tax liability accruing before the effective date of this   Act.  That liability continues in effect as if this Act had not been   enacted, and the former law is continued in effect for the   collection of taxes due and for civil and criminal enforcement of   the liability for those taxes.          SECTION 3.  This Act takes effect immediately if it receives   a vote of two-thirds of all the members elected to each house, as   provided by Section 39, Article III, Texas Constitution.  If this   Act does not receive the vote necessary for immediate effect, this   Act takes effect September 1, 2025.