The Revenue Committee this session advanced a major proposal that includes a new tax credit based on the amount of property taxes paid to a taxpayer’s school district, a new business tax incentive program and a requirement to provide matching funds for a potential project at the University of Nebraska Medical Center.
Read moreLawmakers passed a bill containing several major tax proposals Aug. 13.
Read moreSelf-employed child care providers may apply for a state income tax credit under a bill approved by lawmakers Aug. 12.
Read moreIndividuals may exclude half of their military retirement benefit pay from state income tax under a bill passed by lawmakers Aug. 12.
Read more
A bill combining several major tax proposals advanced to the final round of debate Aug. 11 after a successful cloture motion.
Read moreLawmakers debated a proposal Aug. 6 to decouple Nebraska’s tax code from a federal change made in response to the coronavirus pandemic.
Read more
Lawmakers gave first-round approval Aug. 5 to a bill combining several major tax proposals.
Read moreNebraskans may deduct employer contributions to their state college savings accounts from their state income taxes under a bill passed by the Legislature Aug. 3.
Read more
The Revenue Committee held a special hearing July 27 on a proposal that would decouple Nebraska’s tax code from federal changes meant to provide economic relief to businesses affected by the coronavirus pandemic.
Read more
Lawmakers continued second-round debate July 22 on a proposal to replace the state’s current business tax incentive program, the application period for which is set to end this year.
Read more
Lawmakers resumed debate July 22 on a major property tax measure after it was modified to address concerns raised regarding an earlier proposal.
Read more
Nebraska taxpayers could direct state income tax refunds to their Nebraska Education Savings Trust Plan accounts under a bill advanced from general file March 4.
Read more
Nebraskans could deduct employer contributions to their state college savings accounts from their state income taxes under a bill advanced from the first round of debate March 3.
Read moreThe Revenue Committee heard testimony Feb. 26 on a bill intended to help build a statewide network of electric vehicle charging stations.
Read moreThe Revenue Committee heard testimony Feb. 21 on a proposal that would update state law requiring the state Game and Parks Commission to make payments in lieu of taxes on lands it uses for wildlife management.
Read more