Nebraska Experts Show Path Forward to Fund Better Early
Omaha, Neb., May 20, 2021 (GLOBE NEWSWIRE) -- COVID-19 has jolted the country awake to the need for more and better child care. A new Biden...
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Omaha, Neb., May 20, 2021 (GLOBE NEWSWIRE) -- COVID-19 has jolted the country awake to the need for more and better child care. A new Biden...
Nebraska poised to phase-out state taxes on Social Security benefits © Provided by Hearst Television, Inc. Lincoln, Nebraska Nebraska lawmakers advanced a measure Tuesday designed to eliminate state income tax on Social Security benefits, but amended the bill to pause the process half-way through the plan. Popular Searches LB 64 now would phase-in the tax exemption to 50% over the next five years. But as amended, the measure now would require future senators to reevaluate the idea. Sign up for our Newsletters It's estimated the elimination of the income tax on Social Security benefits woul...
The Legislature on Tuesday attached "a guardrail" to a bill designed to fully phase out the state income tax on Social Security income over the next decade, building in a reevaluation of the incremental tax break after five years. While agreeing to implement a 50% exemption achieved over a five-year period and expressing their intention to fully exempt that income during the following five years, senators adopted an amendment to the tax proposal that leaves that decision in the hands of a future Legislature. Sen. John Stinner of Gering, chairman of the Legislature's Appropriations Committee, ...
The Nebraska Legislature is â pick your metaphor â deep into the fourth quarter, past the seventh-inning stretch, rounding the turn of the current session. Speaker of the Legislature Mike Hilgers of Lincoln announced Friday that he expects to end the session before the 90th day, the limit for regular sessions in odd-numbered years. But he didnât say how soon lawmakers could wrap up their work. The state senators have some battles yet to fight and some fiscal juggling yet to accomplish before heading home. There are 16 scheduled days left in the session, with the last day curren...
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