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.
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Lawmakers approved two omnibus transportation and telecommunications packages this session that, among other provisions, create a broadband office in Nebraska and repeal the state’s motorcycle helmet requirement for riders age 21 and older.
Read MoreA Transportation and Telecommunications Committee clean-up bill on final reading was amended to repeal the state’s helmet law for riders age 21 and older after lawmakers voted to return it to select file 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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Lawmakers gave first-round approval this week to three components of the state’s $12.975 billion budget package. The state budget is structured on a two-year basis, with the budget enacted during legislative sessions held in odd-numbered years.
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Lawmakers chose Columbus Sen. Mike Moser in a three-way race to replace former Sen. Suzanne Geist as chairperson of the Legislature’s Transportation and Telecommunications Committee April 20.
Read MoreA bill that would establish a state broadband office in Nebraska was amended to become an omnibus telecommunications measure and advanced from select file April 5.
Read MoreLawmakers added several bills to a technical update of the state’s transportation laws before advancing the measure from select file April 5.
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The state could use bond proceeds to speed completion of Nebraska’s expressway system under a bill heard Feb. 22 by the Revenue Committee.
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Senators reconvened Jan. 6 to continue introduction of new bills.
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Twenty-six members of the Legislature were sworn into office Jan. 4 as the 108th Nebraska Legislature convened for its 90-day first session. That number includes nine re-elected senators, 16 newly elected senators — including two members who have served in the Legislature previously — and one newly appointed senator.
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The Natural Resources committee advanced bills this session authorizing construction of a South Platte River canal and several water recreation and tourism projects across the state, including a proposed lake between Omaha and Lincoln.
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Among the proposals advanced by the Revenue Committee this session is a package of bills that cut individual and corporate income tax rates, speed up the phaseout of state taxation of Social Security income and expand a program intended to offset property taxes used to fund education.
Read MoreA bill containing several state sales and use tax proposals, including one that increases the amount businesses receive for collecting and remitting the tax, received final approval from lawmakers April 13.
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