LB270

Nebraska LB270 proposes a review by the Auditor of Public Accounts for suspected sales and use tax reporting irregularities.

Nebraska LB270 amends the state's tax reporting and auditing procedures. It allows municipalities to request sales and use tax return information from the Tax Commissioner, subject to confidentiality rules. The bill also permits the Tax Commissioner to share tax return information with other state officials under specific conditions. Notably, it mandates that suspected tax reporting irregularities or discrepancies identified by a certified municipal individual be reported to the Auditor of Public Accounts for audit.