Amends TCA Title 67.
Tennessee HB1133 amends Title 67 of the Tennessee Code Annotated by removing the sales tax on certain uranium enrichment activities and associated industrial machinery. This change primarily affects businesses involved in the enrichment, deconversion, or conversion of uranium materials, compounds, or products. Key provisions include the exemption for uranium enrichment performed on a cost-plus or toll enrichment fee basis and for specific industrial machinery used in these processes.
Tennessee HB1133 amends Title 67 of the Tennessee Code Annotated by removing the sales tax on certain uranium enrichment activities and associated industrial machinery. This change primarily affects businesses involved in the enrichment, deconversion, or conversion of uranium materials, compounds, or products. Key provisions include the exemption for uranium enrichment performed on a cost-plus or toll enrichment fee basis and for specific industrial machinery used in these processes.
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