This legislative bill amends several sections of the Nebraska Revenue Act to enhance tax collection processes and introduce new tax credits. Key provisions include the specification that model 1 sellers utilizing certified service providers under the streamlined sales and use tax agreement will not receive collection fees. It also clarifies the responsibilities of retailers using multivendor marketplace platforms, relieving them from collecting sales taxes for transactions already handled by the platform. Additionally, the bill outlines procedures for refund claims related to overpayments of sales or use tax, establishes the Tax Commissioner's authority for compliance enforcement, and introduces penalties for unauthorized disclosure of confidential tax information.

Moreover, the bill introduces new refundable tax credits for qualified resident individuals, particularly under the Child Care Tax Credit Act, and establishes nonrefundable tax credits for food donations made by grocery stores, restaurants, and agricultural producers. The food donation credit is capped at $2,500, while the child care credit varies based on household income, providing up to $2,000 per child for lower-income families. The total credits for the child care program are capped at $15 million annually. The bill also includes technical adjustments to streamline local tax administration, such as maintaining databases for jurisdiction boundary changes and tax rates, ensuring accurate tax collection across local jurisdictions.

Statutes affected:
Introduced: 77-2708, 77-2711, 77-2712.03, 77-2715.07, 77-7012, 77-7203
Final Reading: 77-2708, 77-2711, 77-2712.03, 77-2715.07, 77-7012, 77-7203
Slip Law: 77-2708, 77-2711, 77-2712.03, 77-2715.07, 77-7012, 77-7203