Budget & Taxes

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

Track

died · Nebraska · Legislature Apr 17, 2026

LB 938: Adopt the First-Time Home Buyer Savings Account Act and provide for income tax adjustments

Nebraska's LB 938 creates a state tax-advantaged savings program to help first-time homebuyers. It allows individuals to contribute up to $5,000 annually (or $10,000 for joint filers) to designated savings accounts, reducing their state taxable income. Contributions can be used for eligible home purchase costs like down payments, closing fees, or construction financing for a primary residence in Nebraska. The program limits lifetime contributions to $25,000 per individual ($50,000 for joint filers) and requires account holders to designate a qualified beneficiary (the homebuyer) by April 15 each year. This directly affects first-time homebuyers who meet the definition: individuals without prior primary residence ownership or those divorced and not on title for 3+ years.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill reduces taxable income for first-time homebuyers via tax-advantaged savings, providing direct tax relief aligned with support indicators.90% confidence ✓ HousingSupports HousingCreates tax-advantaged savings for first-time homebuyers, directly increasing affordability and access to homeownership through state tax incentives.95% confidence

Sub-Topics Income Tax Homeownership

Track

died · Nebraska · Legislature Feb 12, 2026

LB 1156: Adopt the Disinvested Community Development Incentive Tax Credit Act

Nebraska's LB 1156 creates a tax credit program to encourage private investment in economically distressed communities. It allows taxpayers to claim a 50% nonrefundable income tax credit for cash contributions to qualifying organizations (like community development banks or innovation hubs) that fund projects in designated distressed areas. These funds support affordable commercial space, workforce training, site preparation, and small developer projects, with annual limits of $26.5 million for tax credits and $20 million for supplemental grants. The program targets small developers and underrepresented businesses in neighborhoods facing high unemployment and poverty, aiming to expand local economic opportunities without direct public funding.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates 50% tax credit for investments in distressed communities, using tax policy to incentivize private capital flow into underserved areas while directing $26.5M annually toward economic development projects.95% confidence ✓ HousingSupports HousingCreates tax credit for private investment in distressed areas, funding affordable commercial space and small developer projects to advance housing affordability.90% confidence ✓ Labor & EmploymentSupports Labor & EmploymentFunds workforce training programs in distressed communities, directly supporting employment standards and skills development per bill summary.85% confidence

Sub-Topics Income Tax Tax Credits Tax Incentives Affordable Housing Community Development Property Development Unemployment Workforce Development Tags Economic Development

Track

died · Nebraska · Legislature Apr 17, 2026

LB 1142: Change provisions relating to the Nebraska Visitors Development Act

LB 1142 amends Nebraska's Visitors Development Act to restructure tourism administration and fund distribution. It creates a new Director of Tourism position within the Department of Economic Development and revises the Nebraska Tourism Commission's structure. Key provisions include redirecting 40% of cash device tax revenue to the "Nebraska Tourism Commission Promotional Cash Fund" (previously called the "State Visitors Promotion Cash Fund") and adjusting allocations for other funds like the Charitable Gaming Operations Fund. The bill directly affects tourism promotion efforts, local governments receiving tax distributions, and businesses operating cash devices like slot machines. These changes aim to streamline tourism funding and governance under the Department of Economic Development.

Topics ✓ Budget & TaxesSupports Budget & TaxesRedirects 40% of cash device tax revenue to tourism promotional fund, reallocating existing tax revenue for targeted budget use.95% confidence

Sub-Topics Revenue

Track

died · Nebraska · Legislature Apr 17, 2026

LB 1025: Provide for an excise tax on certain social media platform businesses

LB 1025 imposes a new excise tax on social media companies that collect consumer data from Nebraska residents. Starting January 1, 2027, companies must pay tax based on the number of Nebraska consumers whose data they collect monthly: $0 for under 50,000 users, $0.10 per user over 50,000 but under 250,000, and $40,000 plus $0.25 per user over 250,000 but under 500,000. The tax directly affects for-profit social media platforms meeting the bill's definition (excluding search engines, email services, and certain professional tools). It targets data collection practices rather than platform usage, creating a tiered revenue stream for Nebraska.

Topics ✓ Budget & TaxesSupports Budget & TaxesImposes new excise tax on social media platforms to generate state revenue, directly increasing budget funds through targeted taxation.95% confidence ✓ TechnologySupports TechnologyBill taxes social media data collection, regulating tech companies for consumer privacy protection per its definition of data collection impact.92% confidence

Sub-Topics Sales Tax Consumer Data Protection Data Privacy Social Media

Track

died · Nebraska · Legislature Apr 17, 2026

LB 946: State intent regarding appropriations to the Department of Health and Human Services for medicaid assisted-living facilities

This bill directs Nebraska's Legislature to appropriate $7,046,697 (including $3.1 million in state funds and $3.9 million in federal funds) for fiscal year 2026-27 specifically to increase Medicaid reimbursement rates for assisted-living facilities. It mandates that the Department of Health and Human Services raise the daily rate for all facilities under Nebraska's aged and disabled home and community-based Medicaid waiver program (Program No. 348) to $78.45 per day, applying equally to both rural and urban facilities. The funding is intended to directly affect Medicaid-certified assisted-living facilities serving eligible older adults and disabled individuals in Nebraska.

Topics ✓ Budget & TaxesSupports Budget & TaxesDirects $7.05M state/federal appropriation to increase Medicaid reimbursement rates for essential healthcare facilities, funding a critical public service program.95% confidence ✓ HealthcareSupports HealthcareBill mandates $7M in Medicaid funding to increase reimbursement rates for assisted-living facilities, directly strengthening healthcare coverage and access for aged/disabled residents under Medicaid waiver program.95% confidence

Sub-Topics Medicaid

Track

died · Nebraska · Legislature Apr 17, 2026

LB 846: Change provisions relating to individual income tax deductions

LB 846 amends Nebraska's individual income tax code to change how personal exemptions and standard deductions are calculated. It replaces the previous inflation-adjusted personal exemption credit with a new method using the Consumer Price Index from August 2017 forward, and updates standard deduction amounts for different filing statuses (e.g., single filers increase from $3,000 to $4,750). The bill affects all Nebraska residents filing individual income tax returns who claim the standard deduction instead of itemizing deductions. Key changes include updated dollar amounts for standard deductions and a revised formula for calculating the personal exemption credit based on federal filing status. These provisions apply to tax years beginning in 2018 and beyond.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases standard deductions for all filing statuses, providing tax relief by reducing taxable income for Nebraska residents.95% confidence

Sub-Topics Income Tax

Track

died · Nebraska · Legislature Apr 17, 2026

LB 982: Appropriate funds to the Public Service Commission for the Broadband Bridge Program

This bill appropriates $10 million from Nebraska's General Fund for Fiscal Year 2026-27 to the Public Service Commission specifically for the Broadband Bridge Program (Program 793). It directly affects the Public Service Commission, which will use these funds to continue implementing the program aimed at expanding broadband access. The bill declares an emergency, meaning it takes effect immediately upon approval. This is a funding allocation, not a new policy, focused solely on providing resources for existing broadband infrastructure efforts.

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates $10M from General Fund to fund Broadband Bridge Program, directly increasing public service funding for essential infrastructure expansion.90% confidence ✓ EducationSupports EducationFunds broadband expansion, enhancing educational access for schools and students through improved connectivity.85% confidence ✓ TechnologySupports TechnologyFunds Broadband Bridge Program to expand internet access, directly supporting technology policy on connectivity and digital infrastructure.90% confidence

Sub-Topics Appropriations State Budget Broadband Access

Track

died · Nebraska · Legislature Apr 17, 2026

LB 1110: Change provisions related to the distribution of certain tax revenue, confidentiality of shared information, contracts between the Tax Commissioner and collection agencies, and the collection and enforcement of delinquent income tax claims and provide for fees

Nebraska's LB 1110 modifies tax collection and revenue rules. It requires taxpayers to pay a $25 fee or 10% of unpaid tax liability (whichever is greater) for delinquent income taxes and related notices. The bill also allows the Department of Revenue to share confidential information with the Department of Health and Human Services for administrative purposes, and changes how gambling tax revenue is distributed (40% to the Charitable Gaming Division, 60% to the General Fund). These changes affect taxpayers, the Department of Revenue, and state gambling programs, with fees subject to annual inflation adjustments starting in 2027.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases revenue via delinquent tax fees and redirects 60% of gambling tax to General Fund, strengthening state budget allocation.95% confidence

Sub-Topics Income Tax Revenue State Budget

Track

died · Nebraska · Legislature Apr 17, 2026

LB 851: Change income tax provisions relating to certain income or loss received from S-corporations and limited liability companies

Nebraska's LB 851 modifies the state's income tax calculation for S-corporations and limited liability companies (LLCs). It specifically excludes income or losses from these entities that are not derived from Nebraska sources when calculating taxable income for tax years before 2026. This change adjusts federal adjusted gross income by removing non-Nebraska-sourced earnings from S-corporations or LLCs, affecting business owners who earn income outside Nebraska but operate entities structured as S-corps or LLCs under Nebraska law. The provision applies to tax returns filed for years ending before January 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesExcludes non-Nebraska-sourced income from taxable income for S-corporations/LLCs, reducing tax burden for affected businesses through alignment with federal tax adjustments.90% confidence

Sub-Topics Business Taxes Income Tax

Track