2006 Nebraska Revised Statutes - § 77-4008 — Tax imposed; payment.
Section 77-4008Tax imposed; payment.
(1) A tax is hereby imposed upon the first owner of tobacco products to be sold in this state. The tax shall be twenty percent of (a) the purchase price of such tobacco products paid by the first owner or (b) the price at which a first owner who made, manufactured, or fabricated the tobacco product sells the items to others. Such tax shall be in addition to all other taxes.
(2) Whenever any person who is licensed under section 77-4009 purchases tobacco products from another person licensed under section 77-4009, the seller shall be liable for the payment of the tax.
(3) On and after October 1, 2002, and continuing until October 1, 2004, the Tax Commissioner shall remit the amount collected pursuant to this section to the State Treasurer, and the State Treasurer shall credit three-fourths of such amount to the General Fund and one-fourth of such amount to the Cash Reserve Fund. On and after October 1, 2004, amounts collected shall be used and distributed pursuant to section 77-4025.
Source:
- Laws 1987, LB 730, § 8
Laws 2002, LB 1085, § 20
Laws 2003, LB 759, § 24
~Reissue Revised Statutes of Nebraska
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