Statewide occupation tax reporting requirement approved
Lawmakers passed a bill April 29 that requires all Nebraska cities to report the impact of occupation taxes.
![Sen. Mike McDonnell](https://update.legislature.ne.gov/wp-content/uploads/2017/01/SenMcDonnell_inline-200x300.jpg)
LB445, sponsored by Sen. Mike McDonnell of Omaha, requires cities to produce an annual report detailing:
• the purpose of the occupation tax;
• any special project designation;
• the amount of tax dollars collected;
• how the money was spent or is budgeted to be spent; and
• the scheduled or projected end date of the tax.
The mandated report will be made available for public inspection on a municipality’s website or other location no later than 90 days after the end of the municipality’s fiscal year.
LB445 passed on a 42-0 vote.
![Bookmark and Share](http://s7.addthis.com/static/btn/v2/lg-share-en.gif)