LB117

Provide a sales and use tax exemption for electricity, natural gas, propane, and sewer utilities

Introduced·1/10/25
Introduced Text

Nebraska LB117 exempts sales and use taxes on electricity, natural gas, propane, and sewer utilities for residential and agricultural use.

Nebraska LB117 amends the state's sales and use tax law to exempt certain utilities from taxation. Specifically, it removes sales and use taxes on electricity, natural gas, propane, and sewer utilities for residential use, including primary residences and commercial properties primarily used as residences. Additionally, it exempts these utilities when more than fifty percent of the amount purchased is for use directly in irrigation or farming. The changes take effect on January 1, 2026.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
In committee
Next
Committee decision

Sponsors

N
1
0
Democratic CaucusRepublican Caucus

Calendar

Jan 31, 2025

1:30 PM

Hearing

Jan 31, 2025

1:30 PM

Revenue Hearing

History

Jan 7

Legislature

Title printed. Carryover bill

Feb 18, 2025

Legislature

Conrad name added

Jan 23, 2025

Legislature

Notice of hearing for January 31, 2025