NE LB1260

County treasurers' retention of motor vehicle tax proceeds increases from 1% to 2% starting July 1, 2028, while transfers to the Vehicle Title and Registration System Replacement and Maintenance Cash Fund increase from 1% to 1.2%

Motor vehicle tax allocation to schools decreases from 60% to 48% starting July 1, 2028, with corresponding increases to counties (from 22% to ranges of 26-52% depending on location) and cities/villages (from 18% to 20.5-26%)

A new motor vehicle tax supplement equal to 40.8% of motor vehicle taxes allocated to schools will be paid quarterly by the State Treasurer beginning October 2028, with legislative intent to appropriate funds annually

Motor vehicle fee distribution from the Motor Vehicle Fee Fund shifts from 50/50 county-municipality split to 74% for counties and 26% for municipalities

Motor vehicle fee base amounts increase modestly (e.g., from $5 to $11 for lower-value automobiles, from $10 to $33 for recreational vehicles), and county treasurer retention increases from 1% to 2%