An omnibus tax credit bill that offers breaks for everything from biodiesel to huge waste incinerators to airport improvements to expansion of the Nebraska Crossing shopping mall marched forward Tuesday night after incentives were trimmed.
The bill also opens the door to bond financing of state freeway projects — upending years of a “pay as you go” philosophy — and ends a practice known as “home equity theft.”
Legislative Bill 727, which combined upwards of 30 bills, advanced from second-round debate on a voice vote after about $81 million in expected credits over four years were trimmed out of the measure.