SB 885

Tennessee Senate bill in Session 114.

Status: enacted. Latest action: May 27, 2025.

AN ACT to amend Tennessee Code Annotated, Title 67, relative to energy.

Bill ID TN-114-SB-885
Session 114
Status enacted
Committee Senate Calendar Committee Ayes 9, Nays 0, PNV 0
Senate enacted 2025-05-27
Summary

ON APRIL 3, 2025, THE SENATE SUBSTITUTED HOUSE BILL 1133 FOR SENATE BILL 885, ADOPTED AMENDMENT #1, AND PASSED HOUSE BILL 885, AS AMENDED. AMENDMENT #1 adds to this bill by removing the sales tax on: (1) The enriching of uranium materials, compounds, or products that is performed on a cost-plus basis or on a toll enrichment fee basis; and (2) Industrial machinery that is necessary to, and primarily for enriching, deconverting, or converting uranium materials, compounds, or products under certain circumstances as described in the full text of this amendment. ON APRIL 10, 2025, THE HOUSE NONCONCURRED IN SENATE AMENDMENT #1. ON APRIL 17, 2025, THE SENATE REFUSED TO RECEDE FROM ITS ADOPTION OF SENATE AMENDMENT #1.

Sponsor
Shane Reeves
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-02-05 Introduced Bill introduced
2025-05-21 Status enacted
2025-05-27 Latest Action Effective date(s) 07/01/2025
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