LB330

Nebraska LB330 proposes changes to the state sales tax rate and establishes the Alcohol Addiction Prevention and Treatment Fund.

Nebraska LB330 amends the sales tax rate schedule, setting it at five percent until July 1, 1998, then at four and one-half percent until July 20, 2002, and five and one-half percent until July 1, 2023. After July 1, 2023, the rate is set at five percent, except for transactions within a good life district, which have a reduced rate of two and three-quarters percent. The bill also creates the Alcohol Addiction Prevention and Treatment Fund, administered by the Department of Health and Human Services, to be used for alcohol addiction prevention and treatment.