HB2531 — Taxes, Sales - As enacted, specifies that any entity that qualifies for exemption as a spallation neutron source facility will not be eligible for a sales and use tax exemption with regard to any industrial machinery that is used in operation of a qualified data center or used primarily for research and development; provides exception for a leadership computing facility that is funded by the United States government or instrumentality thereof, not funded with any state funds, and located at a national laboratory. - Amends TCA Title 7; Title 9; Title 13 and Title 67, Chapter 6.

HB2531 — Taxes, Sales - As enacted, specifies that any entity that qualifies for exemption as a spallation neutron source facility will not be eligible for a sales and use tax exemption with regard to any industrial machinery that is used in operation of a qualified data center or used primarily for research and development; provides exception for a leadership computing facility that is funded by the United States government or instrumentality thereof, not funded with any state funds, and located at a national laboratory. - Amends TCA Title 7; Title 9; Title 13 and Title 67, Chapter 6. · Informed CitizenryHB2531 amends Tennessee Code Annotated Section 67-6-407(a) to change the deadline for filing reports related to sales and use tax. The deadline is extended from thirty (30) days after the last day…Open in Informed Citizenry