One Hundred Ninth Legislature - First Session - 2025 Introducer€s Statement of Intent LB269 € Chairperson: Senator R. Brad von Gillern Committee: Revenue Date of Hearing: February 21, 2025 € The following constitutes the reasons for this bill and the purposes which are sought to be accomplished thereby: LB269 seeks to modernize the sales tax remitting process by requiring the state to provide and maintain an address-based boundary database. An address-based boundary database will provide a more reliable system for municipalities to receive the correct sales tax rate. € Principal Introducer:________________________________ Senator Victor Rountree - 1 -