A core function of OpenSky Policy Institute is to provide reliable data, information, and solutions regarding revenue proposals and existing policies in an effort to put the state on a sustainable long-term growth path that balances the needs of its citizens with the capacity of the revenue structure.
LB 64, as amended by AM 473, would create an expensive new tax exemption for retirees that would threaten funding for services that Nebraska seniors rely on, such as health care. The [...]
Nebraska legislators and legislative committees have designated their priority bills for the session. Priority bills are placed ahead of non-priority bills on the legislative debate schedule, so receiving a priority designation increases [...]
Funding early childhood education is vital to support the growth and economic well-being of Nebraska. LB 625, a bill before the Revenue Committee on Thursday, would increase funding for this vital investment by [...]
Economic development and growing Nebraska’s economy is a common refrain every legislative session and this year is no exception. Economic growth has been cited as a reason to advance legislation related to [...]
Under scholarship tax credit programs such as the one created by LB 364, the state would forgo a large and growing amount of revenue to provide a dollar-for-dollar tax credit to those who [...]
(EDITOR'S NOTE: This brief has been edited to make wording clarifications.) LR 22CA and LB 408 -- two measures that propose a 3% cap on property tax revenue growth and that will be the focus [...]
OpenSky analysis of unemployment data shows Nebraska’s low unemployment rate may be more reflective of Nebraskans ending their job searches as opposed to a recovering state economy. While the October unemployment rate of 3% [...]
The amended LB 1107, which could cost $150 million in FY 21 and potentially exceed $375 million in the upcoming biennium, only offers about $15 million annually in new revenue to defray its [...]
LB 1107 -- as amended by AM 3316 -- which will be debated by the Legislature on Wednesday -- is an expensive and concerning proposal, particularly given the tremendous fiscal uncertainty the state faces amid the global pandemic.
The ImagiNE Nebraska tax incentive program -- LB 720 as amended by proposed AM 3049 -- will be debated by the Legislature this week. Though the new amendment addresses one issue we [...]