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 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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The Revenue Committee heard testimony March 1 on a bill intended to incentivize the retail sale of biodiesel in Nebraska.
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Senators reconvened Jan. 9 to continue introduction of new bills.
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