Nearly 20 states offered a temporary tax-free period in 2015. Now Nebraska lawmakers must decide whether or not to create an annual sales tax holiday for Nebraska.
LB 974, introduced by Senator Rick Kolowski (D), would create an annual sales tax holiday for the following items:
- Clothing with a sales price of $100 or less
- Computers and computer-related accessories with a sales price of $750 or less
- School supplies with a sales price of $100 or less
The proposed dates for the holiday are from 12:01 a.m. on the first Friday of August through 11:59 p.m. the following Sunday.
Sales tax holidays can create compliance nightmares for sellers, especially those selling eligible items in multiple states. Sales tax software (SaaS) facilitates sales and use tax compliance for businesses in all states. Learn more.
Avalara Author
Gail Cole
Gail began researching and writing about sales tax in 2012 and has been fascinated with it ever since. She has a penchant for uncovering unusual tax facts, and endeavors to make complex sales tax laws more digestible for both experts and laypeople.