(1) Vendors under contract with the commission to develop, print, and distribute publications and promotional materials or produce, sell, and distribute tourism promotional products on behalf of the commission shall, on a monthly basis, submit to the commission all revenue received from the sale of advertising space in such publications or from the sale of such tourism promotional products. Monthly submissions shall include an itemization of the sources of revenue in a format as designated by the commission. Revenue from such sales shall be remitted to the State Treasurer for credit to the Nebraska Tourism Commission Promotional Cash Fund.

Terms Used In Nebraska Statutes 81-3728

  • Commission: means the Nebraska Tourism Commission. See Nebraska Statutes 81-3704
  • Contract: A legal written agreement that becomes binding when signed.
  • State: when applied to different states of the United States shall be construed to extend to and include the District of Columbia and the several territories organized by Congress. See Nebraska Statutes 49-801

(2) The commission may enter into agreements directly with retailers to sell tourism promotional products. If a retailer pays for such products in full at the time of acquisition, the retailer shall have no further reporting requirements. The commission shall remit payments received from retailers acquiring such products to the State Treasurer for credit to the Nebraska Tourism Commission Promotional Cash Fund.