Bill
Bill > S1701
NJ S1701
NJ S1701Deems spent nuclear fuel from decommissioned nuclear power plant to be real 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 deem spent nuclear fuel that is located in a decommissioned nuclear power plant to be real property for the purposes of chapter 4 of Title 54 of the Revised Statutes, and therefore subject to property taxation.
AI Summary
This bill would deem spent nuclear fuel located in a decommissioned nuclear power plant to be real property, making it subject to property taxation. The bill also requires the Director of the Division of Taxation to adopt rules and regulations to implement the provisions of the bill within 90 days of its enactment, and the bill takes effect immediately.
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/S1701 |
| BillText | https://www.njleg.state.nj.us/Bills/2022/S2000/1701_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/S2000/1701_I1.PDF |
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