Sales tax reimbursement, sales tax exemptions: LB 984
Sales tax reimbursement, sales tax exemptions: LB 984 – The NE Retail Federation brought forward this bill to Senator Moser who proceeded to prioritize it. As written the bill increased the reimbursement to business for collecting sales tax from $75 per location per...
NRF supports LB767 to strengthen pharmacy benefit manager regulation
LB767, sponsored by Sen. Mark Kolterman of Seward, would codify several changes effecting pharmacy benefit managers — companies that manage prescription drug benefits on behalf of health insurers — including requiring PBMs to obtain a certificate of authority from the...
THE INFORM CONSUMERS ACT
The free market has transformed the way Americans shop. Consumers are benefiting from new retail trends in both physical retail and e-commerce. Part of this transformation is the exponential growth of online marketplaces run by companies like Amazon and...
TWO MONTHS OF 2019 NEBRASKA SALES TAXES UP $107 MILLION OVER SAME MONTHS OF 2018
TWO MONTHS OF 2019 NEBRASKA SALES TAXES UP $107 MILLION OVER SAME MONTHS OF 2018 NRF CREDITS LEGISLATION REQUIRING ONLINE SELLERS TO COLLECT According to the Nebraska Department of Revenue, the state received $107 million more in sales tax for November &...
TWO NEBRASKA PLASTIC CONTAINER BILLS INTRODUCED
OVER 200 BILLS INTRODUCED IN THE FIRST 3 DAYS With only three days of Nebraska’s sixty-day legislative session behind us, over 200 new legislative bills have been introduced. Two of the bills deal with plastic containers statewide. Please take a minute to read the...
2020 NEBRASKA LEGISLATIVE SESSION STARTS
2020 NEBRASKA LEGISLATIVE SESSION STARTS JANUARY 8 TREASURE HUNT? As we approach the opening day of the 2020 Session of the Nebraska Legislature on Wednesday, January 8, the 70’s game show “Treasure Hunt” comes to mind as senators will be searching for revenue to fund...
HOLIDAY SHOPPING 2019
HOLIDAY SHOPPING 2019 We have researched some Holiday Shopping Data that we think might be useful, especially to independent retailers . We are sharing it now because sellers will start ramping up in September and October in order to capitalize on holiday sales...
Visa & Mastercard Swipe Fee Settlement
September 18, 2019 The Court has preliminarily approved a proposed settlement of a maximum of approximately $6.24 billion and a minimum of at least $5.54 billion in a class action lawsuit, called In re Payment Card Interchange Fee and Merchant Discount Antitrust...
Stothert to Ricketts, lawmakers: Online sales tax ‘is not a new tax, but one that is already owed’
JULIA NAGY/THE WORLD-HERALD Omaha Mayor Jean Stothert is renewing her call on state officials to pass legislation that allows Nebraska to begin collecting sales tax on online purchases. The 2019 city budget that Stothert proposed Tuesday includes $1 million in...
Listen to the Supreme Court Online Sales Tax Arguments
The Supreme Court should have a decision on South Dakota Case in June! Click Here to Listen to the South Dakota v. Wayfair, Inc. case