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NE LB849

Bill

Official Source

Status

Introduced

1/8/2026

Primary Sponsor

John Cavanaugh

Click for details

Origin

Legislature

109th Legislature

AI Summary

  • Over-the-counter drugs would be exempt from Nebraska sales and use taxes, expanding the existing exemption that currently covers only prescription drugs and insulin
  • Over-the-counter drugs are defined as products with FDA-required drug facts labels per 21 C.F.R. 201.66, including a drug facts panel or statement of active ingredients
  • The exemption applies to sales, leases, rentals, storage, use, and other consumption of qualifying over-the-counter drugs in Nebraska
  • Operative date is October 1, 2026
  • Amends Section 77-2704.09 of the Reissue Revised Statutes of Nebraska

Legislative Description

Provide a sales and use tax exemption for over-the-counter drugs

Last Action

Notice of hearing for February 20, 2026

2/12/2026

Committee Referrals

Revenue1/12/2026

Full Bill Text

No bill text available