Purpose of the Act

001.01 The purpose of the Mechanical Amusement Device Tax Act is to exempt the gross receipts from the operation of mechanical amusement devices from the Nebraska Revenue Act of 1967. The occupation tax and license fee levied by the Act is considered to be a payment in lieu of the sales or use tax on the gross receipts from the operation of mechanical amusement devices. 001.02 The Act does not exempt the sale of mechanical amusement devices from the application of the sales or use tax. The administration of this Act is vested in the Tax Commissioner and the Nebraska Department of Revenue. (Sections 77-3001, 77-3002, and 77-3005, R.R.S. 1943. September 15, 1975.)