Occupation tax revenue projected to exceed established thresholds will be subject to a public vote under a bill passed by the Legislature April 5.<\/p>\n
LB745, introduced by Valentine Sen. Deb Fischer, requires that any proposed occupation tax be subject to a vote of the people, have a specific purpose and indicate a sunset date. Any change in the rate of a current occupation tax also will be subject to a vote. The bill does not eliminate occupation taxes currently in place.<\/p>\n
Municipalities will be able to adjust the rate of an occupation tax imposed for a specific project which is not deposited in the municipality\u2019s general fund or to terminate an existing occupation tax without submitting it to a public vote.<\/p>\n
A proposed occupation tax will be subject to a public vote if the projected revenue exceeds:
\n\u2022 $6 million for cities of the metropolitan class;
\n\u2022 $3 million for cities of the primary class;
\n\u2022 $700,000 for cities of the first class; and
\n\u2022 $300,000 for cities of the second class and villages.<\/p>\n
Senators passed the bill on a 46-0 vote.<\/p>\n","protected":false},"excerpt":{"rendered":"
Occupation tax revenue projected to exceed established thresholds will be subject to a public vote under a bill passed by<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[17],"tags":[122],"class_list":["post-7438","post","type-post","status-publish","format-standard","hentry","category-revenue","tag-sen-deb-fischer"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/posts\/7438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7438"}],"version-history":[{"count":3,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/posts\/7438\/revisions"}],"predecessor-version":[{"id":9749,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/posts\/7438\/revisions\/9749"}],"wp:attachment":[{"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}