LB 108, as amended by AM 975, could help Nebraskans continue to put food on the table as they advance in the workplace, effectively incentivizing Nebraska workers to continue to strive for [...]
LB 432, as amended by AM 774, will be up for debate early this week and would give a sizable tax cut to corporations and their shareholders. While the vast majority of the [...]
LB 64, which proposes a tax break largely benefiting wealthy retirees while also threatening funding for services seniors need, is on the Legislature’s agenda today, kicking off a two-week run in which the [...]
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 [...]