Nebraska Main Street Inflation Relief Act

Be it enacted by the Legislature of the State of Nebraska that, for a period of twenty-four months beginning January 1 following enactment, the state sales tax rate applied to qualifying small business purchases of essential operating inputs, including electricity, natural gas, water service, shipping and freight charges, packaging materials, cleaning supplies, and basic office and hardware supplies, shall be reduced by 50 percent for businesses with 50 or fewer full-time employees and a principal place of business in Nebraska; during the same period, state licensing, filing, and inspection fees directly imposed on such businesses shall be frozen at current levels and reduced by 25 percent where administratively permitted by law; the Department of Revenue and relevant state agencies shall adopt a simple certification process, publish clear eligibility guidance, and submit a report to the Legislature before the program’s expiration detailing fiscal impact, small business participation, and observed effects on operating costs.