This bill proposes to update the income limits for Nebraska's homestead tax exemption, which helps homeowners reduce their property taxes based on their earnings. It establishes specific income thresholds for married couples and single individuals, granting full exemption relief to those earning below certain amounts and gradually reducing benefits as income rises. The legislation also sets up a system to automatically adjust these income limits each year based on inflation or housing price changes to keep the program current. Although the bill text outlines these changes, it was indefinitely postponed in August 2024 and did not become law.
This bill proposes a constitutional amendment that would restrict Nebraska's state and local governments to collecting only retail consumption taxes and excise taxes. If approved by voters, the change would take effect on January 1, 2026, and would prevent any governmental entity from imposing other types of taxes. The measure aims to limit the variety of taxes that cities, counties, and other local bodies can levy on residents and businesses. Currently, the bill has been postponed and has not yet been voted on by the legislature.
This bill proposes a constitutional amendment that would allow private citizens to sue the state if its annual spending increases more than the combined rate of inflation and population growth without voter approval. The amendment aims to create a legal mechanism where individuals can challenge state budget decisions in court if they exceed these specific limits without prior authorization from voters at a general election. If passed, this change would directly affect the state's budgeting process by introducing a judicial avenue for enforcing spending caps based on economic and demographic factors. The measure requires voter approval at a statewide general election to be valid and would not take effect until such approval is granted.
This bill proposes a constitutional amendment to Nebraska that would allow the state Legislature to create a separate tax category for owner-occupied housing. Under this change, the Legislature could apply a different valuation method to these homes that does not strictly match the values of other real property, provided the new method remains consistent for all owner-occupied homes. The amendment also grants the Legislature broader authority to establish distinct tax classes for various properties, including agricultural land, motor vehicles, and livestock, while requiring that tax rates remain uniform across all property classes within each group. Ultimately, the measure seeks to give lawmakers more flexibility in how they assess taxes on residential homes without altering the fundamental requirement that tax rates be applied equally within each defined category.
This bill proposes changing how taxes are applied to electronic nicotine delivery systems, such as e-cigarettes, in Nebraska. It would impose a tax of five cents per milliliter on devices containing three milliliters or less of liquid, while devices with more than three milliliters would be taxed at ten percent of their purchase price. The legislation also outlines when the tax must be paid, requiring it to be collected at the point of sale or importation for items not yet taxed. Although the bill details these specific tax rates and collection rules, it was indefinitely postponed and did not become law during the 2024 session.
This bill proposes changes to Nebraska's earned income tax credit, which directly affects state residents who file income tax returns. The legislation would allow qualified residents to claim a nonrefundable credit equal to the federal earned income tax credit, while also creating a separate refundable credit for those with lower federal adjusted gross incomes. A key provision adjusts the refundable credit percentage based on income levels, offering 100% of the federal credit for incomes up to $22,000 and reducing it by 10% for each additional $1,000 of income up to a $29,000 cap. Additionally, the bill includes specific conditions requiring individuals to have received the federal credit without the benefit of net operating loss carryforwards to qualify for these state credits.
This bill proposes a constitutional amendment that would allow individuals to sue political subdivisions, such as cities or counties, for creating debts or financial obligations without prior voter approval at a general election. The amendment requires that any such debt be backed by adequate cash reserves held irrevocably for all future payment years to be considered legal. If passed, this change would enable citizens to challenge and potentially stop the creation of unfunded liabilities by local governments that bypass the state's existing laws on voter consent and financial safeguards.
This bill proposes a constitutional amendment that would allow any individual to file a lawsuit against local governments, such as cities or counties, if they do not keep a financial reserve equal to at least three percent of their annual spending. The amendment aims to enforce existing state laws requiring these reserves by creating a legal path for citizens to challenge non-compliant political subdivisions. If passed, the change would shift the responsibility of enforcing reserve requirements from state agencies to private citizens who can initiate court proceedings. Currently, the measure has been postponed and has not yet been submitted to voters for approval.
This bill proposes allocating $2 million from the state's General Fund to the Department of Natural Resources to install solar panels. The energy generated by these panels would be sold to the market, with the resulting revenue designated for property tax relief. Although the legislation outlines this funding mechanism, it was indefinitely postponed in August 2024 and has not yet become law.
This bill proposes a constitutional amendment that would require local governments in Nebraska to obtain voter approval at a November general election before raising any tax rates. The measure directly affects political subdivisions, such as cities and counties, by mandating a public vote prior to any tax increase. If passed, the change would alter the current process by ensuring that tax rate hikes can only occur after voters explicitly agree to them during a scheduled general election.
This bill amends Nebraska tax laws to clarify how corporations and limited liability companies report income for their shareholders. It specifically changes rules for small business corporations and LLCs that are part of larger business groups or operate in multiple states. The legislation requires these companies to use specific formulas to calculate how much income is earned within Nebraska and ensures that nonresident shareholders file returns or pay taxes on that portion of income. Additionally, it establishes a process where companies can pay taxes on behalf of nonresident shareholders if those individuals do not file their own returns.
This bill proposes a new 2% delivery fee on sales of personal property made online, by mail, or through other electronic methods to customers in Nebraska. The fee applies to sellers who use these delivery channels but excludes items that are already tax-exempt or those picked up in person at a retail store. Collected funds would be sent to the State Treasurer to support the Education Future Fund, and the Department of Revenue would enforce the fee and require sellers to report their sales. Although the legislation was introduced in 2024, it was indefinitely postponed and has not yet taken effect.
