Nebraska compliance at a glance
- Sales tax: 5.50% state rate. State 5.5%; combined commonly 7-7.5%.
- Late fees: Up to 1.5% per month. (Neb. Rev. Stat. §45-101.03) Default 6%/yr; contract rates up to 16%/yr.
- Prompt-pay law: Nebraska Prompt Payment Act (Neb. Rev. Stat. §81-2401 for state; §45-1201 for construction). State: 45 days from invoice. Construction subs paid within 10 days of GC receiving payment.