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Bill > S1703
NJ S1703
NJ S1703Subjects spent nuclear fuel located in a decommissioned nuclear power plant to taxation as business personal property.
summary
Introduced
02/28/2022
02/28/2022
In Committee
02/28/2022
02/28/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
This bill would amend R.S.54:4-1 to make spent nuclear fuel that is located in a decommissioned nuclear power plant business personal property that is subject to property taxation pursuant to chapter 4 of Title 54 of the Revised Statutes.
AI Summary
This bill would amend the existing law (R.S.54:4-1) to make spent nuclear fuel located in a decommissioned nuclear power plant subject to property taxation as business personal property. This means that the spent nuclear fuel in such decommissioned plants would be considered taxable personal property, rather than being exempt from taxation. The bill does not provide any further details or context around this change, but the government's summary indicates that the intent is to subject this spent nuclear fuel to property taxation.
Committee Categories
Housing and Urban Affairs
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 02/28/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/S1703 |
| BillText | https://www.njleg.state.nj.us/Bills/2022/S2000/1703_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/S2000/1703_I1.PDF |
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