LB 753: The state tax credits awarded to fund private school scholarships

After repeated attempts to pass school privatization measures had failed, Nebraska lawmakers in 2023 approved LB 753, which creates dollar-for-dollar tax credits totaling up to $100 million for donations to organizations granting [...]

By |2023-08-17T15:58:43-05:00August 17th, 2023|Ballot Measures, Ballot Measures, Education, Home Featured, Income tax, OpenSky, Revenue, Voucher|Comments Off on LB 753: The state tax credits awarded to fund private school scholarships

OpenSkyLIGHTS: Focus on Nebraska fiscal policy (8/11/23)

2.3% Very few wealthy Nebraskans packed up and moved across the border over the past decade as compared to other states. Only Texas, California, Michigan, Minnesota, Alabama and Louisiana had smaller out-migration [...]

By |2023-08-11T13:24:23-05:00August 11th, 2023|Ballot Measures, Ballot Measures, Budget & Budget Process, Budget and Budget Process, Education, Education, Federal Tax and Budget, Home Featured, Income tax, OpenSky, Revenue, Voucher|Comments Off on OpenSkyLIGHTS: Focus on Nebraska fiscal policy (8/11/23)

LB 753: The taxpayer-funded scholarships and who is eligible

After repeated attempts to pass school privatization measures had failed, Nebraska lawmakers in 2023 approved LB 753, which creates dollar-for-dollar tax credits eventually totaling up to $100 million for donations by individuals [...]

By |2023-08-10T16:01:46-05:00August 10th, 2023|Ballot Measures, Ballot Measures, Education, Education, Home Featured, Income tax, OpenSky, Revenue, Revenue, Voucher|Comments Off on LB 753: The taxpayer-funded scholarships and who is eligible

LB 753: The cost of private school scholarship tax credits

After repeated attempts to pass school privatization measures had failed, Nebraska lawmakers in 2023 approved LB 753, which creates dollar-for-dollar tax credits totaling up to $100 million for donations by individuals and [...]

By |2023-08-02T12:29:14-05:00August 2nd, 2023|Ballot Measures, Ballot Measures, Education, Home Featured, Income tax, OpenSky, Revenue, Revenue, Voucher|Comments Off on LB 753: The cost of private school scholarship tax credits

OpenSkyLIGHTS: Focus on Nebraska fiscal policy (7/28/23)

29,800 As Congress considers appropriations bills for FY 2024, current proposals would require states to turn away hundreds of thousands of postpartum adults and young children receiving assistance through the Special Supplemental [...]

By |2023-07-28T15:27:00-05:00July 28th, 2023|Ballot Measures, Ballot Measures, Education, Education, Federal Tax & Budget, Federal Tax and Budget, Home Featured, Income tax, OpenSky, Revenue, Revenue, Voucher|Comments Off on OpenSkyLIGHTS: Focus on Nebraska fiscal policy (7/28/23)

Nebraska Examiner on July 25: With property valuations skyrocketing, Pillen appoints ‘working group’ to consider reforms

Gov. Jim Pillen on Monday announced the formation of a working group to look at reforming the state's property tax system. In its story, the Nebraska Examiner spoke with Dr. Rebecca Firestone, [...]

By |2023-08-31T10:35:23-05:00July 25th, 2023|OpenSky in the Media, Revenue, Revenue|Comments Off on Nebraska Examiner on July 25: With property valuations skyrocketing, Pillen appoints ‘working group’ to consider reforms

OpenSkyLIGHTS: Focus on Nebraska fiscal policy (07/21/23)

$218 million In its report to the Tax Rate Review Committee, the Legislative Fiscal Office noted that taxpayers claimed $380 million of the $598 million in LB 1107 property tax credits authorized [...]

By |2023-07-21T14:01:40-05:00July 21st, 2023|Budget & Budget Process, Budget and Budget Process, Budget and Tax, Education, Education, Health Care, Healthcare, Home Featured, OpenSky, Revenue, Revenue|Comments Off on OpenSkyLIGHTS: Focus on Nebraska fiscal policy (07/21/23)

Nebraska Examiner on July 20: Accusations fly in petition fight over tax credit for private school scholarships

Public school advocates continue to seek signatures for a petition that would let voters decide the fate of private school scholarship tax credits. In its story, the Nebraska Examiner notes analysis by [...]

By |2023-07-21T15:32:01-05:00July 20th, 2023|Ballot Measures, Ballot Measures, Education, OpenSky in the Media, Revenue, Voucher|Comments Off on Nebraska Examiner on July 20: Accusations fly in petition fight over tax credit for private school scholarships

Omaha World-Herald on July 14: After months of low revenues, Nebraska closes out fiscal year on track with forecast

Nebraska ended its latest fiscal year just above projections, according to a report from the Nebraska Department of Revenue. In an Omaha World-Herald story, OpenSky Executive Director Dr. Rebecca Firestone noted that [...]

By |2023-07-17T14:25:13-05:00July 14th, 2023|Income tax, OpenSky in the Media, Revenue|Comments Off on Omaha World-Herald on July 14: After months of low revenues, Nebraska closes out fiscal year on track with forecast

OpenSkyLIGHTS: Focus on Nebraska fiscal policy (7/14/23)

$6.368 billion Net General Fund tax receipts in Nebraska for FY 2022-23 totaled $6.368 billion, or 0.05% above the April forecast. But with recent tax cuts not reflected in those numbers and [...]

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