NE LB848

Creates a three-day sales tax holiday beginning at 12:01 a.m. on the first Friday in August and ending at midnight on the following Sunday, exempting clothing ($100 or less), school supplies ($50 or less per purchase), computer software ($350 or less), graphing calculators ($150 or less), and personal computers/peripherals ($1,500 or less)

Exemption applies only to items purchased for personal use; items normally sold as single units cannot be separated to qualify for the exemption

Clothing includes wearing apparel, footwear, and disposable diapers but excludes watches, jewelry, handbags, umbrellas, scarves, ties, and belt buckles

School supplies include textbooks, notebooks, writing instruments, art supplies, backpacks, and calculators but exclude radios, CD players, headphones, sporting equipment, and phones

Operative date is January 1, 2027; layaway purchases qualify if final payment and delivery occur during the exemption period, or if the order is placed during the period for immediate delivery upon full payment