Statute 77 2705 03

77-2705.03. Direct payment permit; revocation; relinquishment.(1) The holder of a direct payment permit holds the permit as a revocable privilege. The Tax Commissioner may revoke a direct payment permit. The Tax Commissioner shall mail notice of revocation to the permitholder. The decision of the Tax Commissioner to revoke a direct payment permit is not appealable.(2) A permitholder may voluntarily relinquish a direct payment permit.(3) Upon revocation or relinquishment of a direct payment permit, the permitholder shall notify all retailers given copies of the permit that it has been revoked or relinquished. Failure to give the notice shall be treated as a failure to pay sales and use taxes.Source Laws 1997, LB 182A, § 6; Laws 2012, LB727, § 40.