This bill amends sections of Nebraska's revenue and taxation laws to authorize county treasurers to collect fees for the collection of certain taxes and assessments from reclamation districts and county agricultural societies. Specifically, it introduces new provisions that allow county treasurers to charge a fee of two percent on sums collected for these entities, aligning them with existing fees for other governmental subdivisions. Additionally, the bill modifies the distribution of the nameplate capacity tax by allowing county treasurers to retain one percent of all revenue received from the Department of Revenue for costs before distributing the remaining revenue.

Furthermore, the bill clarifies the distribution process for revenue related to personal property tax exemptions for renewable energy generation facilities. It ensures that local taxing entities remain eligible for revenue distribution even if the net book value of the relevant personal property becomes zero, while also detailing how the distribution to each eligible entity is calculated based on the taxes levied during the taxable year. The original sections of the law being amended are repealed as part of this legislative update.

Statutes affected:
Introduced: 33-114, 77-6204