Law & Order

Nebraska Bill to Exempt Historic Automobile Museums From Certain Taxes Signed Into Law

By SEMA Washington, D.C., Staff

nebraska
Nebraska Governor Dave Heineman signed into law a bill to exempt purchases made by historic automobile museums from sales and use taxes.

A SEMA-supported bill to exempt purchases made by historic automobile museums from sales and use taxes was signed into law by Governor Dave Heineman. Under the new law, a historic automobile museum is “a museum that is used to maintain and exhibit a collection of at least 200 motor vehicles and was open to the public an average of four or more hours per week during the previous calendar year.”

The law exempts these museums from sales and use taxes on the gross receipts from the sale, lease or rental of and the storage, use or other consumption of purchases of items, which are displayed or held for display and which are related to the general purpose of the museum.

For details, contact Steve McDonald at stevem@sema.org.