This bill amends several sections of the Nebraska Revised Statutes to adjust the sales tax rate and the distribution of sales and use tax revenue. Notably, it establishes a new sales tax rate structure that will be in effect until October 1, 2025, with a general rate of five and one-half percent, and a reduced rate of two and three-quarters percent for transactions within designated good life districts. Additionally, starting October 1, 2025, the sales tax rate will revert to five percent, with specific rates for transactions in good life districts and a higher rate of fifteen and one-half percent on sales of alcoholic liquor. The bill also creates the Alcohol Addiction Prevention and Treatment Fund, which will receive fifty percent of the proceeds from the sales tax on alcoholic liquor.

Furthermore, the bill modifies the allocation of sales tax revenues, directing funds to various state programs, including the Game and Parks Commission Capital Maintenance Fund and the Highway Trust Fund. It introduces provisions for the new Alcohol Addiction Prevention and Treatment Fund, which will be administered by the Department of Health and Human Services and will focus on alcohol addiction prevention and treatment. The bill repeals the original sections of the statutes that are being amended, ensuring that the new provisions take effect seamlessly.

Statutes affected:
Introduced: 77-2701.02, 77-4405