Nebraska Revised Statutes

Neb. Rev. Stat. § 2-1208 (2026)

Race meetings; tax; fees

✓ current as of July 2026

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(1)(a) For all race meetings, every corporation or association licensed under the provisions of sections 2-1201 to 2-1218 relating to horseracing shall pay the tax imposed by section 2-1208.01 and shall also pay to the commission:

(i) Beginning on April 20, 2022, through June 30, 2023, the sum of sixty-four one hundredths of one percent of the gross sum wagered by the parimutuel method at each licensed racetrack enclosure during the calendar year;

(ii) Beginning July 1, 2023, through June 30, 2024, the sum of one percent of the gross sum wagered by the parimutuel method at the licensed racetrack enclosure during the previous calendar year; and

(iii) Beginning July 1, 2024, and each year thereafter, the sum of two percent of the gross sum wagered by the parimutuel method at the licensed racetrack enclosure during the previous calendar year.

(b) For race meetings devoted principally to running live races, the licensee shall pay to the commission the sum of one hundred dollars for each live racing day that the licensee serves as the host track for intrastate simulcasting and fifty dollars for any other live racing day.

(2) No other license tax, permit tax, occupation tax, or excise tax or racing fee, except as provided in this section and in sections 2-1203 and 2-1208.01, relating to horseracing shall be levied, assessed, or collected from any such licensee by the state or by any county, township, district, city, village, or other governmental subdivision or body having power to levy, assess, or collect any such tax or fee.

Notes of Decisions

Cited in 2 cases, 1984–1984 · leading case: Governors of the Knights of Ak-Sar-Ben v. Dep't of Revenue, 349 N.W.2d 385 (Neb. 1984).

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Governors of the Knights of Ak-Sar-Ben v. Dep't of Revenue, 349 N.W.2d 385 (Neb. 1984). · cites it 6× “Ak-Sar-Ben contends that Neb. Rev. Stat. § 2-1208 (Reissue 1983) prohibits the collection of a sales tax upon admissions to a racetrack operated by a licensee of the State Racing Commission.”

Gov. Of Knights of Ak-sar-ben v. Dept. of Rev., 349 N.W.2d 385 (Neb. 1984). · cites it 6× “Ak-Sar-Ben contends that Neb.Rev.Stat. § 2-1208 (Reissue 1983) prohibits the collection of a sales tax upon admissions to a racetrack operated by a licensee of the State Racing Commission.”

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