– Energy Star Tax Holiday
Issue: LB 325 – TAX HOLIDAY
Affects: Those who
manufacturer, sell and purchase Energy Star products
Send comments to: Jennifer
Bill Summary: This measure states that sales and use taxes
shall not be imposed on the gross receipts from the sale, lease, or rental of
and the storage, use, or other consumption in this state of an energy star
qualified product with a sales price of one thousand five hundred dollars or
less which is purchased for noncommercial home or personal use. The
exemption provided in this section shall apply only to sales occurring during
the period of time commencing at 12:01 a.m. on the first Friday in October and concluding
at 12:00 midnight on the first Sunday after the first Friday in October.
measure defines "energy star qualified products" as any dishwasher,
clothes washer, clothes dryer, air conditioner, furnace, water heater, ceiling
fan, fluorescent light bulb, dehumidifier, refrigerator, door, or window that meets the energy efficiency guidelines set by
the United States Environmental Protection Agency and the United States
Department of Energy and is authorized to carry the energy star label. The
bill does not specifically include pool pumps, APSP is working to amend the
bill to incorporate this Energy Star product.
Status: Referred to Revenue Committee. Hearing
Scheduled February 3.