Bill
Bill > S1931
NJ S1931
NJ S1931Subjects spent nuclear fuel located in a decommissioned nuclear power plant to taxation as business personal property.
summary
Introduced
01/09/2024
01/09/2024
In Committee
01/09/2024
01/09/2024
Crossed Over
Passed
Dead
Introduced Session
2024-2025 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 to make spent nuclear fuel located in a decommissioned nuclear power plant subject to property taxation as business personal property. This means that such spent nuclear fuel would be considered taxable property, even though it is located in a decommissioned facility. The bill does not provide any additional context or details on the rationale or implications of this change.
Committee Categories
Housing and Urban Affairs
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 01/09/2024)
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/2024/S1931 |
| BillText | https://pub.njleg.gov/Bills/2024/S2000/1931_I1.HTM |
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