Bill

Bill > A1767


NJ A1767

NJ A1767
Subjects spent nuclear fuel located in a decommissioned nuclear power plant to taxation as business personal property.


summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
01/12/2026

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 amends the existing law to make spent nuclear fuel located in a decommissioned nuclear power plant subject to property taxation as business personal property. The bill specifies that such spent nuclear fuel will be taxed under Chapter 4 of Title 54 of the Revised Statutes, which governs the taxation of property in New Jersey. The provision aims to apply property tax to spent nuclear fuel that is stored at decommissioned nuclear power plants.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

Introduced, Referred to Assembly Telecommunications and Utilities Committee (on 01/09/2024)

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Loading...