A package of tax-related proposals advanced to the final round of debate April 10 after lawmakers amended several of its provisions, including those related to special retail districts and electric vehicle charging stations.
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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 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.
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