Nebraska LB714 amends motor vehicle tax and fee schedules, distribution of funds, and fee exemptions.

Nebraska LB714 changes the motor vehicle tax and fee schedules, the distribution of funds from these taxes and fees, and exemptions from the motor vehicle fee. The bill sets new base fees and taxes for different types of vehicles, including automobiles, motorcycles, and recreational vehicles, based on the vehicle's value and age. It also modifies the distribution of funds from the Motor Vehicle Fee Fund, allocating a larger percentage to counties and a smaller percentage to municipalities.

Nebraska LB714 amends motor vehicle tax and fee schedules, distribution of funds, and fee exemptions.

Nebraska LB714 changes the motor vehicle tax and fee schedules, the distribution of funds from these taxes and fees, and exemptions from the motor vehicle fee. The bill sets new base fees and taxes for different types of vehicles, including automobiles, motorcycles, and recreational vehicles, based on the vehicle's value and age. It also modifies the distribution of funds from the Motor Vehicle Fee Fund, allocating a larger percentage to counties and a smaller percentage to municipalities.