NE LB1109

Eliminates sales and use tax exemptions for nonprofit organizations purchasing property to transfer to other exempt nonprofits (such as religious organizations, hospitals, and educational institutions)

Removes sales tax exemption for cemeteries created under section 12-101 and eliminates the exemption for mineral oil used as dust suppressant

Ends the renewable energy tax credit for electricity producers as of July 1, 2026; the credit previously ranged from 0.05 to 0.1 cent per kilowatt-hour with a $50,000 annual cap across all taxpayers

Removes the option under the Nebraska Advantage Research and Development Act for taxpayers to claim credits as refundable on income tax returns without showing tax liability owed

Eliminates "Waste Treatment and Disposal" (NAICS 5622) from the list of qualified business locations eligible for incentives under the ImagiNE Nebraska Act

Outright repeals five statutory sections (77-2701.54, 77-2704.57, 77-2704.60, 77-2704.61, 77-2704.62) related to sales tax exemptions; takes effect immediately as emergency legislation with operative date of July 1, 2026