Budget & Taxes

died · Nebraska · Legislature Apr 17, 2026

LB 802: Change individual income tax rates

Nebraska's LB 802 lowers individual income tax rates for higher earners starting in 2026. It reduces the top marginal tax rate (rate three) from 5.01% to 4.55% and the highest rate (rate four) from 6.84% to 4.55% for tax years beginning January 1, 2026, through 2027. These changes directly affect Nebraska residents filing individual income tax returns who earn above $28,999 as single filers or $57,999 as married couples filing jointly. The bill modifies existing tax brackets without altering the income thresholds for each bracket.

Topics ✗ Budget & TaxesOpposes Budget & TaxesReduces top tax rates for high earners (above $29k single/$58k joint), creating tax breaks primarily for wealthy individuals per bill summary.95% confidence

Sub-Topics Income Tax

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died · Nebraska · Legislature Apr 17, 2026

LB 1070: Change appropriations to the Department of Economic Development

This bill reduces funding for the Department of Economic Development's Community and Rural Development program by approximately $10 million in the 2026-27 fiscal year. It decreases General Fund allocations from $7.29 million to $6.29 million and cuts Cash Fund allocations significantly (from $36.58 million to $21.67 million and $36.58 million to $27.67 million), while maintaining Federal Funds at about $54.57 million. The bill eliminates $250,000 for prefabricated housing studies, keeps $700,000 for development districts, and maintains $4.88 million for reading mentorship programs. It directly affects the department's budget execution for rural development initiatives, housing studies, and educational support programs. The changes reflect a reallocation of state funds without introducing new policy requirements.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill explicitly reduces state funding by $10M for Community and Rural Development program, eliminating specific allocations and cutting General/Cash Funds while maintaining Federal Funds.95% confidence ✗ HousingOpposes HousingBill eliminates $250K for prefabricated housing studies and reduces Community Development funding, weakening housing development initiatives.90% confidence

Sub-Topics State Budget Property Development

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died · Nebraska · Legislature Apr 17, 2026

LB 920: Change provisions relating to the advertisement, operation, use, and taxation of cash devices, the distribution of tax proceeds, and violations under the Mechanical Amusement Device Tax Act and create the Nebraska Child Care Aid Fund

This bill amends Nebraska's Mechanical Amusement Device Tax Act to regulate cash devices (like arcade games that pay out cash). It requires manufacturers and distributors to submit applications with testing evidence proving devices are "games of skill" (not chance), including independent lab reports and software details, before operation. The Tax Commissioner must approve these devices within 45 days, with penalties for unlicensed operation or non-compliance. Additionally, the bill creates the Nebraska Child Care Aid Fund, though it does not specify funding mechanisms or allocation. The changes directly affect cash device operators, manufacturers, and distributors.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates Nebraska Child Care Aid Fund using tax proceeds from regulated cash devices, directing tax revenue to fund child care services.85% confidence

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signed · Nebraska · Legislature Apr 17, 2026

LB 749: Change provisions relating to the calculation of tax levies for state aid to municipalities

This bill changes how Nebraska calculates state aid for cities and towns. It requires the Department of Revenue to use each municipality's prior year's certified property tax levy data (separating bond and nonbond taxes) to determine aid amounts. Municipalities with tax levies below the state average face a 20% aid reduction for each cent below the average, up to 80% total reduction. The calculation uses population and property tax averages, and if the aid fund is insufficient, money is allocated proportionally to all cities.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill penalizes municipalities with tax levies below state average by reducing state aid (up to 80%), effectively defunding lower-levy communities through restrictive fiscal calculation.85% confidence

Sub-Topics Property Tax

died · Nebraska · Legislature Apr 17, 2026

LB 853: Provide an income tax adjustment related to certain federal tax deductions

This bill adjusts Nebraska's income tax calculation to align with specific federal tax treatment. It modifies how taxpayers account for certain federal deductions, such as interest on U.S. government bonds or Nebraska municipal bonds, by either subtracting or adding these amounts to Nebraska taxable income. The changes directly affect Nebraska taxpayers who claim federal deductions that would otherwise be subject to state tax. Key provisions include subtracting federal-exempt interest/dividends from Nebraska taxable income and adjusting for state tax refunds included in federal income. The bill ensures Nebraska's tax code mirrors federal rules for these specific deductions.

Topics ✓ Budget & TaxesSupports Budget & TaxesAligns state tax with federal exemptions, removing state tax on federally exempt interest, providing tax relief to taxpayers.90% confidence

Sub-Topics Income Tax

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died · Nebraska · Legislature Apr 17, 2026

LB 931: Provide an income tax credit related to premium payments for a qualified health plan

Nebraska's LB 931 creates a refundable state income tax credit for residents who purchase health insurance through the federal Marketplace. It directly affects low-to-moderate-income Nebraskans with federal adjusted gross income of $29,000 or less who qualify for the federal premium tax credit. The credit equals 100% of the federal credit for incomes up to $22,000, decreasing by 10% for each $1,000 over that threshold (e.g., 90% for $23,000). This credit is refundable, meaning eligible residents receive cash payments even if their state tax liability is zero.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides refundable income tax credit for low-to-moderate-income residents, directly reducing their tax burden per federal eligibility thresholds.95% confidence ✓ HealthcareSupports HealthcareProvides refundable tax credit to increase health insurance affordability for low-income Nebraskans, directly expanding coverage access through state subsidy matching federal program.95% confidence

Sub-Topics Income Tax Tax Credits Insurance

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died · Nebraska · Legislature Apr 17, 2026

LB 1104: Provide for certain determinations relating to the avoidance of motor vehicle taxes and fees under the Motor Vehicle Registration Act

LB 1104 clarifies Nebraska's motor vehicle registration rules to prevent residents from avoiding state taxes. It creates a rebuttable presumption that vehicles stored in Nebraska for over 30 days must be registered and taxed here, based on factors like ownership ties to Nebraska (e.g., residency, insurance, or business affiliation). The bill requires the Department of Motor Vehicles or Revenue to notify residents of this presumption and allows a 30-day appeal period. If unresolved, residents must pay back taxes, fees, and a 50% late penalty. This directly affects Nebraska residents who register vehicles in other states but keep them in Nebraska for extended periods.

Topics ✓ Budget & TaxesSupports Budget & TaxesCloses tax loophole by requiring registration/tax for vehicles stored >30 days in Nebraska, increasing state revenue collection.95% confidence

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died · Nebraska · Legislature Apr 17, 2026

LR 317CA: Constitutional amendment to limit the annual growth in the amount of property taxes levied by political subdivisions

This constitutional amendment (LR 317CA) would limit annual property tax increases by Nebraska's local governments (cities, counties, etc.) starting in 2027. It allows each local government to raise taxes by no more than 2% plus the percentage increase in its total property values from the previous year (based on new construction, annexations, or other value changes). If voters approve it in 2026, local governments would be restricted from exceeding this "allowable growth" limit each year. The amendment requires voter approval and would take effect January 1, 2027.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRestricts annual property tax growth by local governments to 2% + property value increase, limiting government tax authority and spending flexibility.95% confidence

Sub-Topics Property Tax

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died · Nebraska · Legislature Apr 17, 2026

LB 992: State intent regarding appropriations

LB 992 is an appropriations bill that allocates specific funds from Nebraska's General Fund for fiscal years 2025-26 and 2026-27 to a program referred to as "Program XXX" in the bill text. It specifies that a portion of the funding must be used exclusively for state aid. The bill declares an emergency to take effect immediately upon approval. Note: The bill text contains placeholders (e.g., "$XXXX", "Program XXX"), so specific funding amounts and program details are not disclosed in the provided context.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates General Fund funds for state aid program, directly advancing fiscal management by specifying mandatory funding use for essential services.95% confidence ✓ EducationSupports EducationAllocates state aid funds for educational programs (implied by 'state aid' in appropriations context), indicating funding support despite unspecified program details.75% confidence

Sub-Topics Appropriations State Budget

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died · Nebraska · Legislature Apr 17, 2026

LB 1174: Change provisions related to reports of condition under the Nebraska Money Transmitters Act and provide for a remittance transfer tax

Nebraska's LB 1174 updates reporting rules for money transmitters (like Western Union) and introduces a new tax on international money transfers. It requires quarterly reports including transaction details for all U.S. jurisdictions and specifies amounts sent to foreign countries, with special reporting for transactions to countries designated as "adversaries" by federal law. The bill imposes a 2% tax on most international transfers, increasing to 20% for transfers to those designated adversary countries, but exempts transfers involving active-duty military members or their dependents (who must show valid military ID). Money transfer companies collect the tax from senders and remit it quarterly to the state. This affects both money transmitters operating in Nebraska and individuals sending money internationally through these services.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill imposes 2% remittance transfer tax on international money transfers, creating new state revenue source directly impacting tax policy and budget management.95% confidence

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