Tennessee, local governments will forgo sales taxes on $4.5B nuclear facility

Tennessee, Local Governments To Forgo Sales Taxes On $4.5B Nuclear Facility

Oak Ridge officials late finding out about Senate amendment. Image: Gov. Bill Lee on a June 2025 trip to Paris met with Orano officials. In September 2024, Orano USA announced plans to locate a multi-billion-dollar uranium enrichment facility in Oak Ridge.  Image Credit: Office of Gov. Bill Lee By Sam Stockard [Tennessee Lookout -CC BY-NC-ND 4.0] – Tennessee officials hailed a uranium enrichment facility deal for East Tennessee in 2024 but month…

Tennessee, local governments will forgo sales taxes on $4.5B nuclear facility • Tennessee Lookout

Gov. Bill Lee on a June 2025 trip to Paris met with Orano officials. In September 2024, Orano USA announced plans to locate a multi-billion-dollar uranium enrichment facility in Oak Ridge. (Photo: Courtesy Gov. Bill Lee's office)Tennessee officials hailed a uranium enrichment facility deal for East Tennessee in 2024 but months later exempted the project from sales taxes, forcing local governments to forgo untold revenue from the multi-billion-do…

Tennessee, local governments will forgo sales taxes on $4.5B nuclear facility

Tennessee officials hailed a uranium enrichment facility deal for East Tennessee in 2024 but months later exempted the project from sales taxes, forcing local governments to forgo untold revenue from the multi-billion-dollar project in a move that caught some leaders…