The Revenue Committee advanced bills this session that would require a political subdivision to hold a public hearing before increasing its property tax request, require out-of-state internet retailers to collect state sales tax on purchases made by Nebraska residents and allow a county to impose a sales tax to pay a federal judgment against it.
Read moreGov. Pete Ricketts vetoed a bill June 4 that exempted military housing units from property taxation and allowed an income tax deduction against employer contributions to state college savings accounts.
Read moreA bill that exempts military housing units from property taxation and allows an income tax deduction against employer contributions to state college savings accounts received final approval in the Legislature May 30.
Read moreA bill creating three new state college savings programs received final approval in the Legislature May 24.
Read moreAn effort to create a new business tax incentive program to replace the Nebraska Advantage Act stalled on select file May 24 after a failed cloture vote.
Read moreLawmakers passed a bill May 24 intended to provide tax relief to those whose property has been destroyed by a natural disaster.
Read moreAffordable housing projects in extremely blighted areas will receive first priority for state assistance under a bill passed by the Legislature May 24.
Read moreA bill that would allow an individual to claim an income tax deduction against contributions that his or her employer makes to a state college savings account was advanced to the final round of debate May 21 after lawmakers amended it to remove the sponsoring senator’s proposal.
Read moreA bill that would create two college savings programs advanced from the second round of debate May 21 after lawmakers amended it to include a proposal to open an account for each Nebraska resident when he or she is born.
Read moreStreetlights and power poles owned by a city are exempt from state sales and use tax under a bill passed by lawmakers May 23.
Read moreA scaled-down property tax relief proposal stalled in the Legislature May 22 after a failed cloture vote.
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Lawmakers gave first-round approval May 22 to a bill that would create a new business tax incentive program to replace the Nebraska Advantage Act, which is set to end next year.
Read moreA bill intended to provide tax relief to those whose property has been destroyed by a natural disaster was advanced to the final round of debate May 21 after lawmakers amended it to address constitutionality concerns.
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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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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.
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