SF 85

This bill modifies uranium taxation rates by shortening the timeframe for certain tax provisions from 2031 to 2026, effectively accelerating the sunset date by five years. The amendment changes the expiration date for specific uranium tax rates or exemptions that were originally scheduled to remain in effect until December 31, 2031, moving that deadline forward to December 31, 2026. This modification will likely result in uranium taxation provisions reverting to different rates or structures sooner than originally planned, potentially impacting uranium mining operations and state revenue collection from this industry.