LEGISLATIVE UPDATE, April 23, 2017

Tax Reform Anyone? LB 461 is a tax reform bill upon which Governor Ricketts and Revenue Committee chairman, Jim Smith, have expended some serious political capital. The bill cuts income and property taxes. Good thing, right? Well, it’s not the tax panacea as...

LEGISLATIVE UPDATE, April 16, 2017

Making Soup Lawmaking is not supposed to be easy. Love the analogy about making soup.¬†This 104th Legislature, 1st Session is contentious and far from easy. Much like our nation’s capitol. The Right holds the majority, the Left is in the minority, and a few...

LEGISLATIVE UPDATE, April 9, 2017

Must be April Three bills intended to restructure Nebraska’s tax code have caused quite the hubbub. Without going into detail (you are welcome), the principle tax bill is LB 461. The bill would cut individual and corporate tax rates, value agriculture land on...

LEGISLATIVE UPDATE, April 1, 2017

Kumbaya Jupiter aligned with Mars following the Legislature’s four-day recess. With committee hearings in the rearview mirror, the agenda moved to all-day floor debate. And just when no-one was looking, a 49-senator GROUP HUG broke out (followed by the checking...