Bill
Bill > LB901
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 77-27,132, Revised Statutes Cumulative Supplement, 2024, and section 77-2701.02, Revised Statutes Supplement, 2025; to change the sales and use tax rate; to change provisions relating to fund distributions; to harmonize provisions; to provide an operative date; and to repeal the original sections.
AI Summary
This bill proposes changes to Nebraska's sales and use tax laws, specifically amending sections 77-2701.02 and 77-27,132 of the Revised Statutes. The primary changes involve adjusting the sales and use tax rate, with a new rate of "XX percent" to be implemented starting July 1, 2027, and also modifying how tax revenue is distributed among various state funds. For instance, the bill alters the distribution of sales and use taxes collected on motor vehicles, trailers, and semitrailers, directing a portion of any tax rate exceeding "five" percent to the Highway Allocation Fund instead of the Highway Trust Fund. Additionally, it clarifies the application of the sales tax rate within "good life districts," which are areas designated for specific development projects under the Good Life Transformational Projects Act. The bill also specifies that these changes will become effective on July 1, 2027, and repeals the original sections of law that are being amended.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Revenue Committee (Unicameral)
Last Action
Revenue Hearing (13:30:00 2/25/2026 Room 1524) (on 02/25/2026)
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=63369 |
| von Gillern AM2232 | https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/AM2232.pdf |
| Fiscal Note for LB901 | https://nebraskalegislature.gov/FloorDocs/109/PDF/FN/LB901_20260224-125151.pdf |
| Analysis - Statement of Intent | https://nebraskalegislature.gov/FloorDocs/109/PDF/SI/LB901.pdf |
| Kauth FA541 | https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/FA541.pdf |
| BillText | https://nebraskalegislature.gov/FloorDocs/109/PDF/Intro/LB901.pdf |
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