Bill > LB873

This bill enacts changes to the Kratom Consumer Protection Act, a law designed to ensure the safety and quality of kratom products sold to consumers. Starting July 1, 2027, an excise tax of ten percent will be applied to the retail sale of kratom products, with retailers required to maintain sales records and file tax returns with the Department of Revenue, which will then remit the collected taxes to the Property Tax Credit Cash Fund. The bill also modifies provisions regarding adulterated kratom products, which are defined as products containing kratom alkaloids or metabolites that don't meet the legal definition of a kratom product, or those combined with dangerous non-kratom substances. Under the revised law, if the department has a reasonable belief a product is adulterated, they can require independent third-party testing, and the product cannot be sold until it's verified as not adulterated. Penalties for violations are also adjusted, with specific consequences for selling adulterated products, including removal from the list of registered kratom products. The bill also clarifies that a violation involving adulterated products with undeclared ingredients constitutes prima facie evidence of a violation under the Consumer Protection Act.

Budget and Finance

https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=63089