House File 2757 H-8365 Amend House File 2757 as follows: 1 1. Page 1, by striking lines 3 through 18 and inserting: 2 < NEW SUBSECTION . 111. a. (1) The sales price of tangible 3 personal property or specified digital products sold to or of 4 services furnished to a nuclear electric generation facility on 5 or after January 1, 2026. 6 (2) The tangible personal property, specified digital 7 products, and services furnished shall be directly and 8 primarily used before, during, or after the site preparation, 9 construction, reconstruction, replacement, alteration, repair, 10 safe storage, maintenance, or restarting after decommissioning 11 of the nuclear electric generation facility. 12 b. The exemption under this section does not apply to motor 13 vehicles subject to registration under chapter 321. > 14 2. Page 1, after line 26 by inserting: 15 < f. A nuclear electric generation facility that does not 16 commence or restart commercial operation within twelve and 17 one-half years of the later of the issuance of the certificate 18 of public convenience, use, and necessity under chapter 476A 19 for the applicable unit of the facility or the placement 20 of the first safety-related concrete for such unit shall 21 repay the entire amount of the sales and use tax exemptions 22 the nuclear electric generation facility claimed under this 23 subsection and refunds claimed under section 423.4, subsection 24 1, and the entire amount of sales and use tax exemptions that 25 contractors, subcontractors, and builders claimed for building 26 materials, supplies, equipment, and services in the performance 27 of a written construction contract with the nuclear electric 28 generation facility under subsection 80. Any repayment shall 29 be considered a tax payment due and payable to the department 30 by the nuclear electric generation facility, and the failure to 31 make the repayment may be treated by the department in the same 32 manner as a failure to pay the tax shown due, or required to be 33 shown due, with the filing of a return or deposit form. 34 g. (1) A nuclear electric generation facility is eligible 35 -1- HF 2757.4011 (2) 91 jm/jh 1/ 3 #1. #2.
to receive an exemption under this subsection until the earlier 1 of one year from the date of delivering notification to the 2 applicable regional transmission operators that commercial 3 operation has been achieved or June 30, 2051. 4 (2) Within thirty days of delivering notification in 5 subparagraph (1), the nuclear electric generation facility 6 shall notify the department of the date notification was 7 delivered under subparagraph (1) in a manner prescribed by the 8 director. > 9 3. Page 1, by striking lines 27 and 28 and inserting: 10 < h. As used in this subsection: 11 (1) “Nuclear electric generation facility” means a facility 12 commencing or restarting > 13 4. Page 1, line 29, after < operations > by inserting < of at 14 least one unit of the facility > 15 5. Page 2, line 4, by striking < (1) > and inserting < (a) > 16 6. Page 2, line 10, by striking < (2) > and inserting < (b) > 17 7. Page 2, line 15, by striking < (3) > and inserting < (c) > 18 8. Page 2, line 19, by striking < (4) > and inserting < (d) > 19 9. Page 2, line 23, by striking < (5) > and inserting < (e) > 20 10. Page 2, line 25, by striking < (6) > and inserting < (f) > 21 11. Page 2, line 30, by striking < (a) > and inserting < (i) > 22 12. Page 2, line 33, by striking < (b) > and inserting < (ii) > 23 13. Page 3, line 1, by striking < (7) > and inserting < (g) > 24 14. Page 3, line 4, by striking < (8) > and inserting < (h) > 25 15. Page 3, line 8, by striking < (9) > and inserting < (i) > 26 16. Page 3, after line 12 by inserting: 27 < (2) “Site preparation activities” means the same as defined 28 in subsection 95, paragraph “f” . 29 i. This subsection is repealed on July 1, 2051. 30 Sec. ___. Section 423.4, subsection 1, paragraph a, Code 31 2026, is amended by adding the following new subparagraph: 32 NEW SUBPARAGRAPH . (11) A nuclear electric generation 33 facility as defined in section 423.3, subsection 111. > 34 17. Page 3, line 14, by striking < 2025 > and inserting < 2026 > 35 -2- HF 2757.4011 (2) 91 jm/jh 2/ 3 #3. #4. #5. #6. #7. #8. #9. #10. #11. #12. #13. #14. #15. #16.
18. Title page, line 1, after < exemptions > by inserting < and 1 refunds > 2 19. By renumbering as necessary. 3 ______________________________ YOUNG of Dallas ______________________________ WILZ of Wapello -3- HF 2757.4011 (2) 91 jm/jh 3/ 3 #18. #19.