New business tax incentive program debated
Lawmakers debated a bill May 15 that would create a new business tax incentive program to replace the Nebraska Advantage Act. The application period for that program is set to end next year.
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Revenue
Tax credit for private school scholarship donations stalls
A bill that would create an income tax credit for those who donate money to nonprofits that grant scholarships to students to attend a private elementary or secondary school stalled on general file May 13.
Read moreBeginning farmer tax credit clarified
Lawmakers passed a bill May 13 that clarifies the number of rental agreements beginning farmers and agricultural asset owners may make under an existing tax credit program.
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Property tax relief through increased school funding debated
Lawmakers debated a proposal May 7 to reduce property taxes by raising the state sales tax rate and directing the additional revenue to Nebraska’s public schools.
Read moreInfrastructure grant program for ethanol-gasoline blends approved
Senators passed a bill May 2 that creates a state grant program intended to make ethanol-gasoline blends available at more Nebraska gas stations.
Read moreCounty funds for motor vehicle sales tax collection approved
Senators passed a bill May 2 that reinstates a commission counties receive in return for collecting state motor vehicle tax.
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Legislature overrides county sales tax veto
Lawmakers voted April 30 to override the governor’s veto of a bill that allows a county to impose a sales tax to help pay a federal judgment against it.
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Sales tax hike would decrease property taxes via additional school aid
Three legislative committees heard testimony April 24 on a proposal to direct new sales tax revenue to the state’s public schools in an effort to reduce property taxes.
Read moreVolunteer emergency responder tax credit clarified
Lawmakers passed a bill April 26 intended to simplify administration of the Volunteer Emergency Responders Incentive Act.
Read moreCounty funds for motor vehicle sales tax collection amended, advanced
A bill that would reinstate a commission counties receive in return for their collection of state motor vehicle tax was advanced from select file April 25 after senators amended it to direct more of the funds to county roads and bridges.
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College savings proposal amended, advanced
Lawmakers gave first-round approval April 24 to a bill intended to make it easier for families and others to contribute to a beneficiary’s state college savings plan.
Read moreAffordable housing bill expanded, advanced
Affordable housing projects in extremely blighted areas would receive first priority for state assistance under a bill advanced from general file April 24.
Read moreCounty sales tax to pay certain federal judgments vetoed
A bill that allows a county to impose a sales tax to help pay a federal judgment against it was vetoed by Gov. Pete Ricketts April 24.
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Beginning farmer tax credit clarifications advanced
A bill that would clarify the number of rental agreements beginning farmers and agricultural asset owners could make under an existing tax credit program advanced from general file April 24.
Read moreCounty sales tax to pay certain federal judgments authorized
A county may impose a sales tax to help pay a federal judgment against it under a bill passed by lawmakers April 18.
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