Provide for an excise tax on certain social media platform businesses

Summary

The bill would impose a monthly excise tax on for‑profit social‑media platform businesses based on the number of Nebraska residents whose data they collect. Tax rates are tiered, starting at zero for up to 50,000 users and increasing for larger user bases, with all revenue directed to a new Juvenile Mental Health Support Fund. It also establishes reporting requirements and defines which platforms are subject to the tax.

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