Interim study to assess the loss of funding to Nebraska counties as a result of an elimination of the Nebraska inheritance tax and to identify potential state funding sources to replace lost revenue

This legislative resolution directs the Nebraska Revenue Committee to conduct a study on how the elimination of the state inheritance tax has impacted funding for local counties. The committee is tasked with identifying potential new revenue sources that could replace the money lost by these counties due to the tax change. Upon completing its analysis, the committee will submit a report with its findings and recommendations to the state legislature. This measure focuses on gathering data to address financial gaps rather than implementing immediate policy changes.