The bill establishes the Kratom Consumer Protection Act in Nebraska, which regulates the sale and distribution of kratom products. Key provisions include prohibiting sales to individuals under twenty-one, ensuring products are not marketed to children, and requiring registration of all kratom products with the Department of Revenue. The act mandates specific labeling to inform consumers about potential risks and proper usage, and it outlines penalties for violations, including civil fines and sales bans for repeat offenders. Additionally, the bill prohibits local governments from imposing further restrictions beyond those set in the act and empowers the Department of Revenue to adopt necessary regulations.

The legislation also introduces amendments to existing drug scheduling laws, adding new substances like Tianeptine to the list of controlled substances and clarifying classifications for various narcotic drugs, including ephedrine. It specifies that certain ephedrine-containing products can be exempt from classification under Schedule IV if they meet specific criteria. Furthermore, the bill revises provisions related to a tax amnesty program, allowing individuals to apply for amnesty on unreported taxes due before April 1, 2004, with penalties waived. The act is set to become operative on July 1, 2025, with some sections taking effect immediately due to an emergency declaration.

Statutes affected:
Final Reading: 28-405, 77-5601
Slip Law: 28-405, 77-5601