Bill
Bill > LB330
NE LB330
Change provisions relating to the sales tax rate and create the Alcohol Addiction Prevention and Treatment Fund
summary
Introduced
01/16/2025
01/16/2025
In Committee
01/21/2025
01/21/2025
Crossed Over
Passed
Dead
Introduced Session
109th Legislature
Bill Summary
A BILL FOR AN ACT relating to revenue and taxation; to amend sections 77-2701.02, 77-27,132, and 77-4405, Revised Statutes Cumulative Supplement, 2024; to change provisions relating to the sales tax rate and the distribution of sales and use tax revenue; to create the Alcohol Addiction Prevention and Treatment Fund; to harmonize provisions; and to repeal the original sections.
AI Summary
This bill modifies the state sales tax rate and creates a new Alcohol Addiction Prevention and Treatment Fund. Starting October 1, 2025, the bill reduces the standard sales tax rate from 5.5% to 5%, while maintaining a reduced 2.75% rate for transactions within certain designated "good life districts." Additionally, the bill introduces a significant 15.5% sales tax on alcoholic liquor, with the revenue from this new tax to be split evenly between the new Alcohol Addiction Prevention and Treatment Fund and the Education Future Fund. The Alcohol Addiction Prevention and Treatment Fund will be administered by the Department of Health and Human Services and used specifically for alcohol addiction prevention and treatment programs. The bill also makes technical changes to how sales tax revenues are allocated, including directing proceeds from vehicle, boat, and aircraft sales to various state funds. These changes aim to generate additional revenue for state programs while providing targeted funding for addressing alcohol addiction.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Revenue Hearing (13:30:00 3/20/2025 Room 1524) (on 03/20/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=59464 |
| Fiscal Note for LB330 | https://nebraskalegislature.gov/FloorDocs/109/PDF/FN/LB330_20250319-124100.pdf |
| Analysis - Statement of Intent | https://nebraskalegislature.gov/FloorDocs/109/PDF/SI/LB330.pdf |
| BillText | https://nebraskalegislature.gov/FloorDocs/109/PDF/Intro/LB330.pdf |
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