Taxes - As enacted, allows nuclear energy production facilities to seek pollution control tax credits for certain machinery and equipment. - Amends TCA Title 67.

SB 885 amends Tennessee's tax code to allow nuclear energy production facilities to qualify for pollution control tax credits, expanding eligibility beyond existing wind and solar sources. This change directly affects nuclear energy facilities in Tennessee by enabling them to claim tax credits for certain machinery and equipment used in pollution control. The bill modifies Section 67-4-2004(9)(A) of the Tennessee Code to explicitly include nuclear energy production facilities in the list of eligible energy sources. The policy change takes effect July 1, 2025, and is part of a broader tax incentive framework for clean energy projects.