Bill > LB1252

This bill, titled "Provide for a retail delivery fee under the Nebraska Revenue Act of 1967," amends existing state law to introduce a new fee on retail deliveries. The Nebraska Revenue Act of 1967 is the primary legislation governing revenue and taxation in the state. This bill defines key terms such as "motor vehicle," which includes most self-propelled vehicles designed for road travel but excludes items like personal delivery devices and electric bicycles, and "tangible personal property," referring to physical goods. A "retail delivery" is defined as the sale of tangible personal property for delivery within Nebraska that includes at least one item subject to sales and use tax. The core provision establishes a fee of twenty-seven cents on every retail delivery. However, this fee has several exemptions, including deliveries of property already exempt from sales and use taxes, deliveries by entities exempt from these taxes, deliveries by new businesses in their first year, deliveries by businesses with less than $500,000 in retail sales the previous year, and wholesale sales, which are sales for resale. The fee is to be paid by the purchaser or seller, collected by the seller, and remitted to the Department of Revenue, with the collected funds going to the Property Tax Credit Cash Fund. The bill also specifies an operative date of January 1, 2027, and repeals the original sections of law that are being amended.

Budget and Finance

https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=63894