Loading chat...

NE LB479

Bill

Official Source

Status

Introduced

1/21/2025

Primary Sponsor

Mike Moser

Click for details

Origin

Legislature

109th Legislature

AI Summary

  • Doubles the sales tax rate dedicated to highway funding from one-quarter of one percent to one-half of one percent for transactions occurring on or after October 1, 2025, through July 1, 2042
  • Maintains the current 85%/15% split of these dedicated highway revenues between the Highway Trust Fund and the Highway Allocation Fund
  • Changes the start date for this highway funding provision from July 1, 2013 to October 1, 2025
  • Operative date is October 1, 2025

Legislative Description

Change the distribution of sales and use tax revenue

Last Action

Title printed. Carryover bill

1/7/2026

Committee Referrals

Revenue1/23/2025

Full Bill Text

No bill text available