The 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.
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Lawmakers gave first-round approval Aug. 5 to a bill combining several major tax proposals.
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Lawmakers continued second-round debate July 22 on a proposal to replace the state’s current business tax incentive program, the application period for which is set to end this year.
Read MoreThe Revenue Committee held a special hearing Feb. 6 to hear testimony on an amendment to a bill introduced last year that would create a new business tax incentive program.
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Gov. Pete Ricketts revealed his budgetary and legislative priorities for Nebraska during his State of the State address Jan. 15. The governor highlighted proposals to provide property tax relief and flood recovery.
Read MoreThe Revenue Committee advanced bills this session that would require a political subdivision to hold a public hearing before increasing its property tax request, require out-of-state internet retailers to collect state sales tax on purchases made by Nebraska residents and allow a county to impose a sales tax to pay a federal judgment against it.
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The first session of the 106th Legislature adjourned sine die May 31, the 84th day of the scheduled 90-day session.
Read MoreAn effort to create a new business tax incentive program to replace the Nebraska Advantage Act stalled on select file May 24 after a failed cloture vote.
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Lawmakers gave first-round approval May 22 to a bill that would create a new business tax incentive program to replace the Nebraska Advantage Act, which is set to end next year.
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Lawmakers debated a bill May 15 that would create a new business tax incentive program to replace the Nebraska Advantage Act. The application period for that program is set to end next year.
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The Revenue Committee heard testimony March 6 on a bill that would create a new business tax incentive program to replace the Nebraska Advantage Act.
Read MoreSenators introduced 154 measures on the final day of bill introduction Jan. 23.
Among the proposals were:
LB589, sponsored by Omaha Sen. Ernie Chambers, which would prohibit peace officers from serving as school resource officers;
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