Session Review: Revenue
The Revenue Committee advanced bills this session that cut Nebraska’s top corporate income tax rate and will exempt military retirement pay and a percentage of Social Security income from state income tax.
Read MoreThe Revenue Committee advanced bills this session that cut Nebraska’s top corporate income tax rate and will exempt military retirement pay and a percentage of Social Security income from state income tax.
Read MoreA bill intended to shift the cost of school bonds away from owners of farm and ranch land advanced from general file April 21.
Read MoreThe Revenue Committee heard testimony Feb. 17 on a bill that would change the way that a refundable income tax credit is calculated under the Nebraska Property Tax Incentive Act.
Read MoreNebraska voters could choose to limit annual growth in local property tax revenue to 3 percent under a proposal heard Jan. 27 by the Revenue Committee.
Read MoreThe 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 MoreA 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 MoreLawmakers gave first-round approval Aug. 5 to a bill combining several major tax proposals.
Read More