Nebraska LB1257 proposes to eliminate certain sales tax exemptions, impose sales and use taxes on specific services, and change school district levy.

Nebraska LB1257 amends various sections of the Nebraska Revenue Act of 1967 to eliminate certain sales tax exemptions, impose sales and use taxes on specific services, and change school district levy limitations. It exempts sales of tangible personal property and services within good life districts from sales and use taxes until January 1, 2027. The bill also changes provisions of the School District Property Tax Limitation Act and provides additional foundation aid under the Tax Equity and Educational Opportunities Support Act.

Nebraska LB1257 proposes to eliminate certain sales tax exemptions, impose sales and use taxes on specific services, and change school district levy.

Nebraska LB1257 amends various sections of the Nebraska Revenue Act of 1967 to eliminate certain sales tax exemptions, impose sales and use taxes on specific services, and change school district levy limitations. It exempts sales of tangible personal property and services within good life districts from sales and use taxes until January 1, 2027. The bill also changes provisions of the School District Property Tax Limitation Act and provides additional foundation aid under the Tax Equity and Educational Opportunities Support Act.