LB 408, a revenue measure that has received a senator priority designation, will be debated by the Legislature tomorrow. The measure, with committee amendment (AM 371), would limit local government property tax [...]
As was highlighted in a recent editorial by the Omaha World-Herald, Nebraska lawmakers are about to debate several priority bills that would have a fiscal impact that far exceeds the $209 million lawmakers [...]
The Appropriations Committee budget proposal, which will be debated by lawmakers today, prioritized increasing the cash reserve. But one key committee member said Tuesday that she would like to see the state’s [...]
The Revenue Committee has advanced several priority bills this session that could pack a delayed but heavy fiscal punch if ultimately approved by lawmakers. The bills -- which are listed here -- have the [...]
Registration is now open for a virtual briefing about the state budget featuring Sen. John Stinner, chair of the Legislature’s Appropriations Committee, on Tuesday, April 6. The briefing -- which will be hosted [...]
State lawmakers may want to hold off on passing tax cut legislation like LB 387, a bill that exempts military retirement income from taxation, until they receive guidance from the U.S. Treasury about [...]
Just how big was the impact of 2020’s income tax filing deadline extension on state revenue projections? With the extension, which resulted in $280 million of income tax revenue being collected in [...]
OpenSky Policy Institute seeks to hire a Policy Analyst to work on our state budget and tax policy. The successful candidate’s primary responsibilities will be to help OpenSky conduct research and propose [...]
OpenSky is excited to announce that Barry Thomas has joined our Racial Equity Advisory Committee! Barry is the Director of Equity and Diversity at Omaha Public Schools, a position he has held since [...]
LB 310 -- a bill before the Revenue Committee today that would reduce Nebraska’s inheritance tax -- would deprive counties of one of their few revenue sources. This would force many Nebraska [...]