From October 1, 2024 to May 31, 2054 the City shall impose a Good Life District Occupation Tax in the amount of 2.75% on all establishments located within the Good Life District Program Area (38-13). Council hereby finds, determines, and declares it is appropriate a tax be imposed and said tax is authorized by the Good Life District Economic Development Act, the Program Ordinance adopted by the City of Grand Island, and furthers the purposes required within the Act and Program.
Said Good Life District Occupation Tax shall be imposed on all items which are subject to the Nebraska State Sales and Use Tax (“State Sales Tax”) as defined in the Nebraska Revenue Act of 1967 as amended from time to time.
All revenue derived from this Good Life District Occupation Tax shall be deposited into the Program Fund established as part of the Good Life District Program Ordinance and shall be used for the purposes allowed by that Fund.
All persons or entities engaged in any sales which would be subject to State Sales Tax shall collect this occupation tax at a rate of 2.75% on sales subject to State Sales Tax. Itemization of this tax may be made, but is not required, on the bill, receipt, or other invoice to the purchaser, but each person or entity engaged in taxable sales shall remain liable for the tax imposed by this section.
Each and every person or entity operating any establishment within the Program Area shall, starting October 1, 2024, and continuing until May 31, 2054 impose said tax. They shall also make, every calendar month thereafter, a return on a form prescribed by the Finance Director, a return for the taxable calendar month preceding and shall, at the same time, pay to the Finance Director the tax herein imposed. All returns shall be made no later than the 25th day of each month. Returns remitted via the United States Postal Service shall be postmarked by the 25th day of the month to be considered an on-time filing.
The Finance Director shall, for purposes of this occupation tax, and other duties contained in Chapter 38, Article II, have the same authorities and responsibilities as set forth in Grand Island City Code Chapter 23, Section 72.
If any person or entity neglects or refuses to make a return of payment of the taxes as required by this article, the Finance Director shall follow the provisions of Grand Island City Code Chapter 23, Sections 70, 71, 73, 74, and 76 for the collection of any taxes authorized herein. The Finance Director shall not have authority to waive any penalties or interest which shall accrue due to failure to remit any owed tax or to make prompt return.
(Added by Ord. No. 9983, effective 09-03-2024)