Bill
Bill > LB849
summary
Introduced
01/08/2026
01/08/2026
In Committee
01/12/2026
01/12/2026
Crossed Over
Passed
Dead
Introduced Session
Potential new amendment
109th Legislature
Bill Summary
A BILL FOR AN ACT relating to revenue and taxation; to amend section 77-2704.09, Reissue Revised Statutes of Nebraska; to provide an exemption from sales and use taxes for over-the-counter drugs; to provide an operative date; and to repeal the original section.
AI Summary
This bill amends Nebraska Revised Statutes Section 77-2704.09 to create a sales and use tax exemption for over-the-counter drugs, which are defined as drugs with a label that identifies them as such and includes a drug facts panel or a list of active ingredients, referencing federal regulations as they existed on January 1, 2026. This change removes the previous exclusion of over-the-counter drugs from this tax exemption, meaning these items will no longer be subject to sales and use taxes when sold for a patient's use, similar to other medical necessities like insulin and durable medical equipment. The bill also specifies an operative date of October 1, 2026, and repeals the original version of the section.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Revenue Hearing (13:30:00 2/20/2026 Room 1524) (on 02/20/2026)
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=63055 |
| Fiscal Note for LB849 | https://nebraskalegislature.gov/FloorDocs/109/PDF/FN/LB849_20260219-124705.pdf |
| Analysis - Statement of Intent | https://nebraskalegislature.gov/FloorDocs/109/PDF/SI/LB849.pdf |
| Kauth FA489 | https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/FA489.pdf |
| BillText | https://nebraskalegislature.gov/FloorDocs/109/PDF/Intro/LB849.pdf |
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