SSB 3181

This bill requires nuclear electric generation facilities, web search portal businesses, and data center businesses to make annual contributions to state universities in order to receive sales and use tax exemptions. Specifically, these businesses must enter into agreements with the state authority to contribute at least 5% of their annual tax exemption value to institutions governed by the state board of regents that establish and maintain nuclear engineering programs. The requirement applies to nuclear facilities seeking exemptions and to web search portal and data center businesses with new construction or additions completed on or after January 1, 2027. If businesses fail to make the required contributions, they lose their tax exemption eligibility and must repay any exemptions claimed during the non-compliant year.