The Revenue Committee advanced bills this session that update the state’s tax code to reflect federal changes, expand a tax credit for volunteer emergency responders and index for inflation the thresholds used when calculating the income tax liability of Nebraskans who receive Social Security benefits.
Read moreIncome thresholds the state uses to determine whether Social Security benefits are exempt from taxation will be indexed for inflation under a bill passed by the Legislature April 11.
Read moreSenators passed a bill April 11 intended to prevent a tax increase on Nebraskans as a result of recent changes to federal tax law.
Read moreVolunteer emergency responders serving a county may qualify for a tax credit under a bill passed by the Legislature April 6.
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Lawmakers debated a proposal April 3 to provide income tax credits that partially offset the amount that Nebraskans pay in property taxes.
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Income thresholds the state uses to determine whether Social Security benefits are exempt from taxation would be indexed for inflation under a bill advanced by the Legislature March 27.
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The Legislature debated a bill March 27 that would use the state’s property tax credit cash fund to direct more state aid to schools.
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Lawmakers debated a bill March 23 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.
Read moreA bill that would require some retailers without a physical location in Nebraska to collect and remit state sales and use tax stalled on final reading March 15.
Read moreVolunteer emergency responders serving a county could qualify for a tax credit under a bill advanced by the Legislature March 14.
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Senators advanced a bill March 8 intended to prevent a rise in taxes on Nebraskans as a result of recent changes to federal tax law.
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Lawmakers gave second-round approval March 6 to a bill that would require some retailers without a physical location in Nebraska to collect state sales and use tax, pending a U.S. Supreme Court ruling in June.
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The Revenue Committee heard testimony Feb. 27 on a bill that would move up the end dates of several of the state’s current business tax incentive programs.
Read moreThe Revenue Committee heard testimony Feb. 23 on a bill that would increase the filing fee for appeals and petitions to the Tax Equalization and Review Commission.
Read moreThe Revenue Committee heard testimony Feb. 21 on a bill that would create a state sales and use tax exemption for feminine hygiene products.
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