LB1257 — Eliminate certain sales tax exemptions, impose sales and use taxes on certain services, change school district levy limitations, eliminate the School District Property Tax Relief Act, change provisions of the School District Property Tax Limitation Act, and provide additional foundation aid under the Tax Equity and Educational Opportunities Support Act

LB1257 — Eliminate certain sales tax exemptions, impose sales and use taxes on certain services, change school district levy limitations, eliminate the School District Property Tax Relief Act, change provisions of the School District Property Tax Limitation Act, and provide additional foundation aid under the Tax Equity and Educational Opportunities Support Act · Informed CitizenryLB1257 amends Nebraska tax laws to modify sales and use tax exemptions for various goods and services, including agricultural machinery, fuels, and non-profit purchases. It updates sourcing rules f…Open in Informed Citizenry