Among the proposals advanced by the Revenue Committee this session is a package of bills that cut individual and corporate income tax rates, speed up the phaseout of state taxation of Social Security income and expand a program intended to offset property taxes used to fund education.
Read MoreAdditional tax incentives are available for certain livestock modernization or expansion projects and other qualifying rural Nebraska businesses under a bill passed by lawmakers April 13.
Read MoreLawmakers scaled back three tax-related measures on select file April 11 to reduce a projected budget deficit at the end of the next fiscal biennium.
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A bill that would increase the amount of tax incentives available for certain livestock modernization or expansion projects and other qualifying rural Nebraska businesses advanced from general file April 7.
Read MoreThe Revenue Committee heard testimony March 3 on a bill that would increase the amount of tax incentives available for livestock modernization or expansion projects and other qualifying rural Nebraska businesses.
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