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House OKs sales-tax break with sunset to encourage restarting nuclear plants
Summary
House File 2757 creates a sales-and-use tax exemption and refund for recommissioning nuclear electric generation facilities, including a 25-year sunset and a 12.5-year clawback if projects fail; the bill passed after floor amendments.
House File 2757, meant to incentivize recommissioning or restarting nuclear electric generation facilities, won final passage after the chamber adopted floor amendments that added a 25-year sunset for the exemption, a 12.5-year clawback if a project fails and removed the bill’s retroactive start date.
Representative from Dallas described the amendment as implementing a 25-year sunset and a clawback requiring repayment if a facility fails to proceed: "This amendment implements a 25 year sunset provision for the sales tax exemption... The amendment also includes a 12.5 year clawback if a facility fails to go forward." Supporters argued the change balances long-term incentives with accountability; the clerk recorded passage (94 aye, 1 no, 5 absent) and the title was agreed to.
