{"id":26463,"date":"2019-05-24T14:40:29","date_gmt":"2019-05-24T20:40:29","guid":{"rendered":"http:\/\/update.legislature.ne.gov\/?p=26463"},"modified":"2019-05-24T14:40:29","modified_gmt":"2019-05-24T20:40:29","slug":"bill-to-end-tax-credit-approved","status":"publish","type":"post","link":"https:\/\/update.legislature.ne.gov\/?p=26463","title":{"rendered":"Bill to end tax credit approved"},"content":{"rendered":"<p>Lawmakers passed a bill May 24 intended to increase assistance available to startup companies through the state Department of Economic Development.<\/p>\n<figure id=\"attachment_20162\" aria-describedby=\"caption-attachment-20162\" style=\"width: 200px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"20162\" data-permalink=\"https:\/\/update.legislature.ne.gov\/?attachment_id=20162\" data-orig-file=\"https:\/\/update.legislature.ne.gov\/wp-content\/uploads\/2017\/01\/SenStinner_inline.jpg\" data-orig-size=\"297,445\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"senstinner_inline\" data-image-description=\"&lt;p&gt;Sen.  John Stinner&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Sen. John Stinner&lt;\/p&gt;\n\" data-large-file=\"https:\/\/update.legislature.ne.gov\/wp-content\/uploads\/2017\/01\/SenStinner_inline.jpg\" class=\"size-medium wp-image-20162\" src=\"https:\/\/update.legislature.ne.gov\/wp-content\/uploads\/2017\/01\/SenStinner_inline-200x300.jpg\" alt=\"Sen. John Stinner\" width=\"200\" height=\"300\" srcset=\"https:\/\/update.legislature.ne.gov\/wp-content\/uploads\/2017\/01\/SenStinner_inline-200x300.jpg 200w, https:\/\/update.legislature.ne.gov\/wp-content\/uploads\/2017\/01\/SenStinner_inline.jpg 297w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><figcaption id=\"caption-attachment-20162\" class=\"wp-caption-text\">Sen. John Stinner<\/figcaption><\/figure>\n<p>LB334, sponsored by Gering Sen. John Stinner, eliminates the Angel Investment Tax Credit, which was scheduled to terminate in 2022.<\/p>\n<p>In fiscal year 2020-21, the $4 million annual cost savings will be directed to the state Military Department for the governor\u2019s emergency program to assist those impacted by recent flooding. Beginning in FY2021-22, funds will be directed to DED to fund programs under the Business Innovation Act.<\/p>\n<p>The bill requires DED and the Appropriations Committee to assess and evaluate the financial status and economic impact of programs funded under the Business Innovation Act.<\/p>\n<p>LB334 also includes provisions of LB452, sponsored by Elmwood Sen. Robert Clements, which transfer Cass County from its current planning and development region to Region 8. The provisions also place a moratorium on future boundary changes until July 1, 2020.<\/p>\n<p>Lawmakers passed the bill 47-0.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lawmakers passed a bill May 24 intended to increase assistance available to startup companies through the state Department of Economic Development.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5],"tags":[149],"class_list":["post-26463","post","type-post","status-publish","format-standard","hentry","category-appropriations","tag-sen-john-stinner"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/posts\/26463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26463"}],"version-history":[{"count":4,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/posts\/26463\/revisions"}],"predecessor-version":[{"id":26466,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/posts\/26463\/revisions\/26466"}],"wp:attachment":[{"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}