News & Events

LEGISLATIVE UPDATE, February 11, 2018

Taxes & Prairie Dogs Let's start with state income tax. Nebraska's rates are tied to the federal tax code. So, when Congress eliminated the personal exemption credit in December, so did the state. That move created an unexpected $226 million windfall for...

LEGISLATIVE UPDATE, February 4, 2018

A work in progress Wednesday, Governor Ricketts appeared before the Legislature's Revenue Committee to unveil his Nebraska Property Tax Cuts and Opportunities Act (LB947). Give the Gov credit, the bill touches all the bases: Lowers income tax brackets and rates Lowers...

LEGISLATIVE UPDATE, January 28, 2018

Fiscal notes Senators had a long week. Literally. Five days. The rest of the session the Legislature convenes four days a week. Senators, especially those living in Greater Nebraska, are able to return to their districts for long weekends and sing praises about the...

LEGISLATIVE UPDATE, January 21, 2018

All about the calendar Monday is Day 12 of the 60-day legislative session. Mornings (9am - noon) are spent in floor debate on carryover bills from last year.  Bills introduced this session should start popping-up on the agenda soon. Afternoons (1:30pm - finish) are...

LEGISLATIVE UPDATE, January 14, 2018

Whose ox gets gored? The state budget faces a $175M - $200M shortfall in the second half of the biennial budget (7/1/18 - 6/30/19).  What's worse, annual tax revenues are projected to remain in the dumper as Ag producers took a beating again this year. This Governor,...

LEGISLATIVE UPDATE, January 7, 2018

My kids are back By Miss Helen Crump The bell rang Wednesday at 9:45am and the classroom filled for the second session of the 105th Legislature.  All 49 wiggly bodies were present and just as sweet as my homemade apple pie. We have sixty days to complete our...