The Revenue Committee advanced proposals this session to cut Nebraska’s top individual and corporate income tax rates, provide additional property tax relief, create a refundable tax credit for certain parents and provide a tax credit for those who donate to organizations that grant scholarships to students to attend private school.
Read MoreLawmakers passed a bill June 1 that includes more than two dozen revenue-related measures.
Read MoreA proposal that will cut Nebraska’s top individual and corporate income tax rates to 3.99 percent by tax year 2027 received final approval from lawmakers May 25.
Read MoreA bill that provides additional property tax relief to Nebraskans while limiting increases in the amount of property taxes public school districts may collect received final approval from lawmakers May 25.
Read MoreNebraskans may receive a tax credit for contributions to organizations that grant scholarships to students to attend private school under a measure passed by lawmakers May 24.
Read MoreA bill containing more than two dozen tax-related proposals advanced to final reading May 23 after senators amended it to reduce the fiscal impact on state revenue.
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Lawmakers gave first-round approval May 16 to a bill amended to include more than two dozen revenue-related measures, including one intended to attract new-to-Nebraska retail businesses.
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A proposal to cut Nebraska’s top individual and corporate income tax rates to just under 4 percent beginning with tax year 2027 advanced to the final round of debate May 11 after senators amended it to remove certain other tax benefits included on general file.
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Lawmakers gave second-round approval May 11 to a bill that would provide additional property tax relief to Nebraskans while limiting increases in the amount of property taxes public school districts may collect.
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Lawmakers gave second-round approval April 13 to a measure intended to incentivize donations to organizations that grant scholarships to students to attend private school in Nebraska.
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A proposal to direct additional state funding to property tax relief while limiting the amount of property taxes public school districts could collect advanced from general file April 3 after a successful cloture motion.
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Lawmakers gave first-round approval March 30 to a proposal that would cut Nebraska’s top individual and corporate income tax rates to just under 4 percent beginning with tax year 2027.
Read MoreThe Revenue Committee heard testimony March 22 on a bill intended to incentivize food donations to Nebraska food banks and pantries.
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The Education Committee heard testimony March 21 on a proposal intended to help meet the mental health needs of Nebraska public school students.
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Nebraska voters could bar the state and any of its political subdivisions from levying an inheritance tax under a proposed amendment to the state constitution heard March 16 by the Revenue Committee.
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