Bill
Bill > A1768
NJ A1768
NJ A1768Deems spent nuclear fuel from decommissioned nuclear power plant to be real property.
summary
Introduced
01/09/2024
01/09/2024
In Committee
01/09/2024
01/09/2024
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 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 subject to property taxation in New Jersey, despite any contrary provisions in existing law. It requires the Director of the Division of Taxation to adopt rules and regulations to implement the act within 90 days of its enactment, and the bill would take effect immediately.
Committee Categories
Transportation and Infrastructure
Sponsors (1)
Last Action
Introduced, Referred to Assembly Telecommunications and Utilities 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/A1768 |
| BillText | https://pub.njleg.gov/Bills/2024/A2000/1768_I1.HTM |
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