Nebraska LB1109 eliminates certain sales and use tax exemptions, a renewable energy tax credit, and modifies provisions relating to the Nebraska.
Nebraska LB1109 eliminates sales and use tax exemptions on various goods and services, including manufacturing, transportation, telecommunications, and certain business activities. It also removes a renewable energy tax credit for new renewable electric generation facilities. The bill changes provisions relating to the Nebraska Advantage Research and Development Act and the ImagiNE Nebraska Act, including the use of credits and the definition of a qualified location.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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