Sign in

Amendments › HF 2757

Amendment H-8365 to HF 2757

Relating to nuclear electric generation facilities by creating sales and use tax exemptions and refunds, making appropriations to the state board of regents for establishing and maintaining a nuclear energy workforce, making penalties applicable, and including applicability and retroactive applicability provisions

Adopted · April 15, 2026

Filed April 15, 2026 in the House by

In plain words

AI summary This amendment changes the start date for the tax exemptions to January 1, 2026, and adds a rule that facilities must repay all claimed tax exemptions if they do not start commercial operations within twelve and a half years of starting construction or receiving necessary permits. It also specifies that the tax exemptions expire on June 30, 2051, and clarifies that motor vehicles are not eligible for these tax breaks.1

What it changes

  1. Page 1, by striking lines 3 through 18 and inserting: “NEW SUBSECTION .
  2. a. (1) The sales price of tangible personal property or specified digital products sold to or of services furnished to a nuclear electric generation facility on or after January 1,
  3. (2) The tangible personal property, specified digital products, and services furnished shall be directly and primarily used before, during, or after the site preparation, construction, reconstruction, replacement, alteration, repair, safe storage, maintenance, or restarting after decommissioning of the nuclear electric generation facility. b. The exemption under this section does not apply to motor vehicles subject to registration under chapter
  4. ”
  5. Page 1, after line 26 by inserting: “f. A nuclear electric generation facility that does not commence or restart commercial operation within twelve and one-half years of the later of the issuance of the certificate of public convenience, use, and necessity under chapter 476A for the applicable unit of the facility or the placement of the first safety-related concrete for such unit shall repay the entire amount of the sales and use tax exemptions the nuclear electric generation facility claimed under this subsection and refunds claimed under section 423.4, subsection 1, and the entire amount of sales and use tax exemptions that contractors, subcontractors, and builders claimed for building materials, supplies, equipment, and services in the performance of a written construction contract with the nuclear electric generation facility under subsection
  6. Any repayment shall be considered a tax payment due and payable to the department by the nuclear electric generation facility, and the failure to make the repayment may be treated by the department in the same manner as a failure to pay the tax shown due, or required to be shown due, with the filing of a return or deposit form. g. (1) A nuclear electric generation facility is eligible to receive an exemption under this subsection until the earlier of one year from the date of delivering notification to the applicable regional transmission operators that commercial operation has been achieved or June 30,
  7. (2) Within thirty days of delivering notification in subparagraph (1), the nuclear electric generation facility shall notify the department of the date notification was delivered under subparagraph (1) in a manner prescribed by the director.”
  8. Page 1, by striking lines 27 and 28 and inserting: “h. As used in this subsection: (1) “Nuclear electric generation facility” means a facility commencing or restarting”
  9. Page 1, line 29, after “operations” by inserting “of at least one unit of the facility”
  10. Page 2, line 4, by striking “(1)” and inserting “(a)”
  11. Page 2, line 10, by striking “(2)” and inserting “(b)”
  12. Page 2, line 15, by striking “(3)” and inserting “(c)”
  13. Page 2, line 19, by striking “(4)” and inserting “(d)”
  14. Page 2, line 23, by striking “(5)” and inserting “(e)”
  15. Page 2, line 25, by striking “(6)” and inserting “(f)”
  16. Page 2, line 30, by striking “(a)” and inserting “(i)”
  17. Page 2, line 33, by striking “(b)” and inserting “(ii)”
  18. Page 3, line 1, by striking “(7)” and inserting “(g)”
  19. Page 3, line 4, by striking “(8)” and inserting “(h)”
  20. Page 3, line 8, by striking “(9)” and inserting “(i)”
  21. Page 3, after line 12 by inserting: “(2) “Site preparation activities” means the same as defined in subsection 95, paragraph “f” . i. This subsection is repealed on July 1,
  22. Sec. ___. Section 423.4, subsection 1, paragraph a, Code 2026, is amended by adding the following new subparagraph: NEW SUBPARAGRAPH . (11) A nuclear electric generation facility as defined in section 423.3, subsection
  23. ”
  24. Page 3, line 14, by striking “2025” and inserting “2026”
  25. Title page, line 1, after “exemptions” by inserting “and refunds”
  26. By renumbering as necessary.

Official amendment (PDF) · In the Bill Book