people from all over the United States were coming to Nebraska to testify. He mentioned it’s obvious this is a national issue and would be better addressed by Federal legislation. He also let everyone know that he felt the proponents were attempting to overpower the Nebraska legislature since they thought we are a “fly- over” state, and he wasn’t going to let that happen. At this point, the bill remains in the Judiciary Commit- tee and will carry over to the next session for possible action.
LB 249
This bill is designed to allow an exemption from local property taxes for all rental business machinery. During the hearing on this bill there was quite a bit of discussion concerning the definition of rental busi- ness machinery, and that it needed to be narrowed down to what type of equipment and machinery would be included. The bill is currently in the Revenue Committee awaiting further action.
Nebraska Legislative Committee Meets
The Nebraska Legislative Committee met in York on June 22 to receive a report on the past session of the Unicameral and to make plans for the 2018 session. After lengthy discussion on LB 67, the committee recommended that INEDA continue to oppose the initiative and to work vigorously with the equipment manufacturers through their association representatives (AEM) to develop meaningful informational resources to defend dealership and manufacturer positions on the right to repair issue. The committee also recommended that the manufacturers continue to work on a market based solution to the ability of third party repair facilities to obtain written repair information, repair tools, and electronic service tools that would allow for the repair of equipment, while not allowing the alteration of operations of computer-controlled systems on machines.
LB 249 will continue to be supported by INEDA, who will follow the lead of the affected indus- try businesses that have promoted the change in property tax law. INEDA will also continue to study the cause and effect of the issue to deter- mine how many dealer businesses are affected by this proposed change.
The committee also recommended that INEDA arrange a fundraising event for U.S. Senator Deb Fischer’s re-election campaign. Watch the Round-Up eNewsletter for more information on this upcoming event.
nebraska DOT spotlight
Q: A:
Do oil and oil filters qualify for the sales tax exemption for ag repair and replacement parts?
Yes. Since these times are in/on the originally purchased machine (which qualified for the ag sales tax exemption), these items qualify for the exemption. This would also include grease and gear lube.
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