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Revenue Session Review 2023

admin July 21, 2023Sen. Lou Ann Linehan, LB754 LB318 LB38 LB206 LB641 LB243 LB589 LB242 LB783 LB309 LB28 LB727 LB692 LB4 LB74 LB96 LB97 LB100 LB118 LB180 LB300 LB344 LB384 LB407 LB447 LB491 LB495 LB505 LB577 LB524 LB529 LB580 LB584 LB622 LB623 LB697 LB704 LB706 LB732 LB809 LB753 LB606

Session Review: Revenue

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.

Revenue

admin May 25, 2023Sen. Lou Ann Linehan, LB754 LB318

Income tax cuts, child care tax credits approved

A proposal that will cut Nebraska’s top individual and corporate income tax rates to 3.99 percent by tax year 2027 received final approval from lawmakers May 25.

Revenue

admin March 30, 2023March 31, 2023Sen. Lou Ann Linehan, LB754 LB38 LB173 LB492 LB206 LB497 LB641 LB318 LB294

Income tax package advances after cloture vote

Lawmakers gave first-round approval March 30 to a proposal that would cut Nebraska’s top individual and corporate income tax rates to just under 4 percent beginning with tax year 2027.