HB1359 — Taxes, Sales - As introduced, allocates state sales and use tax revenues from the construction of a uranium processing facility to an eligible industrial development corporation that submits a completed application to the commissioner of finance and administration together with an application fee in an amount established by the department; establishes requirements for such allocation. - Amends TCA Title 67, Chapter 6.

HB1359 — Taxes, Sales - As introduced, allocates state sales and use tax revenues from the construction of a uranium processing facility to an eligible industrial development corporation that submits a completed application to the commissioner of finance and administration together with an application fee in an amount established by the department; establishes requirements for such allocation. - Amends TCA Title 67, Chapter 6. · Informed CitizenryHB1359 proposes to allocate state sales and use tax revenues generated from federally funded uranium processing facilities to eligible industrial development corporations. To receive these funds, a…Open in Informed Citizenry