Nebraska 2023-2024 Regular Session

Nebraska Legislature Bill LB58

Introduced
1/5/23  
Refer
1/9/23  

Caption

Provide a sales and use tax exemption for diapers

Impact

The implementation of LB58 would modify the state's taxation framework, leading to a reduction in tax revenue from sales taxes. However, the intention behind such a change is to positively impact family budgets, particularly for those who may be disproportionately affected by the costs associated with necessary childcare items. The bill reflects a growing trend among policymakers to support young families and to reconsider certain tax structures that may impose hardships on them.

Summary

LB58 proposes to provide a sales and use tax exemption specifically for diapers. The bill aims to alleviate some of the financial burdens faced by families with babies and young children, as diapers represent a consistent and significant expenditure for these households. By exempting diapers from the sales tax, the lawmakers expect to promote a more equitable financial landscape for families, particularly those with lower incomes who may struggle more with these recurring costs.

Contention

Discussion around LB58 may highlight differing views on fiscal responsibility versus social welfare. Supporters likely emphasize the need for support mechanisms aimed at young families, while opponents might raise concerns regarding the potential loss in sales tax revenue which could impact state funding for services. The balance between providing tax relief and maintaining necessary state funds could be a point of contention during deliberations and votes on the bill.

Companion Bills

No companion bills found.

Previously Filed As

NE HB1318

Providing a sales and use tax exemption for children's diapers.

NE LB96

Provide a sales and use tax exemption for twine

NE LB496

Provide a sales and use tax exemption for business inputs

NE LB1308

Eliminate certain sales and use tax exemptions and impose sales and use taxes on certain services

NE LB1248

Eliminate certain sales and use tax exemptions

NE LB1349

Eliminate certain sales and use tax exemptions and impose sales and use taxes on certain services

NE LB1311

Eliminate certain sales and use tax exemptions and impose sales and use taxes on certain services

NE SB5092

Providing a sales and use tax exemption for qualifying farm machinery and equipment.

NE LB1342

Provide a sales and use tax exemption for electricity and natural gas

NE SB5289

Providing a sales and use tax exemption for qualifying farm machinery and equipment.

Similar Bills

No similar bills found.