Adopt the Child Tax Credit Act

Nebraska's LB 157 creates a state-level Child Tax Credit, providing eligible parents with a $1,000 refundable credit per qualifying child under age 6. To qualify, parents must claim the child on their federal tax return, have the child's SSN/ITIN, and meet income limits (e.g., married couples filing jointly lose the full credit above $110,000 federal AGI). The credit is exempt from creditor claims, meaning refunds cannot be seized to pay debts. This policy directly affects Nebraska families with young children who qualify under the federal definition, effective for 2026 tax years.