LR126

Interim study to assess the impact of Nebraska's tax incentive programs on the economy and state revenue.

The Nebraska Legislature has initiated an interim study to evaluate the effects of the Nebraska Advantage Act and ImagiNE Nebraska Act on the state's economy, communities, and tax receipts. The Revenue Committee will analyze these tax incentive programs, focusing on their influence on state revenue, the utilization of tax credits, and their overall effectiveness. The study will involve consultations with state agencies, other legislative committees, and stakeholders from the business and economic development sectors.