Taxes

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 753: The groups accepting donations and granting taxpayer-funded scholarships

After repeated attempts to pass school privatization measures had failed, Nebraska lawmakers in 2023 approved LB 753, which creates dollar-for-dollar tax credits totaling up to $100 million for donations to organizations granting [...]

By |2023-08-24T17:05:02-05:00August 24th, 2023|Ballot Measures, Ballot Measures, Education, Income tax, Voucher|Comments Off on LB 753: The groups accepting donations and granting taxpayer-funded scholarships

LB 753: The state tax credits awarded to fund private school scholarships

After repeated attempts to pass school privatization measures had failed, Nebraska lawmakers in 2023 approved LB 753, which creates dollar-for-dollar tax credits totaling up to $100 million for donations to organizations granting [...]

By |2023-08-17T15:58:43-05:00August 17th, 2023|Ballot Measures, Ballot Measures, Education, Income tax, Voucher|Comments Off on LB 753: The state tax credits awarded to fund private school scholarships

OpenSkyLIGHTS: Focus on Nebraska fiscal policy (8/11/23)

2.3% Very few wealthy Nebraskans packed up and moved across the border over the past decade as compared to other states. Only Texas, California, Michigan, Minnesota, Alabama and Louisiana had smaller out-migration [...]

By |2023-08-11T13:24:23-05:00August 11th, 2023|Ballot Measures, Ballot Measures, Education, Education, Income tax, Revenue, State Budget & Taxes, Voucher|Comments Off on OpenSkyLIGHTS: Focus on Nebraska fiscal policy (8/11/23)

LB 753: The taxpayer-funded scholarships and who is eligible

After repeated attempts to pass school privatization measures had failed, Nebraska lawmakers in 2023 approved LB 753, which creates dollar-for-dollar tax credits eventually totaling up to $100 million for donations by individuals [...]

By |2023-08-10T16:01:46-05:00August 10th, 2023|Ballot Measures, Ballot Measures, Education, Education, Income tax, Revenue, Voucher|Comments Off on LB 753: The taxpayer-funded scholarships and who is eligible

LB 753: The cost of private school scholarship tax credits

After repeated attempts to pass school privatization measures had failed, Nebraska lawmakers in 2023 approved LB 753, which creates dollar-for-dollar tax credits totaling up to $100 million for donations by individuals and [...]

By |2023-08-02T12:29:14-05:00August 2nd, 2023|Ballot Measures, Ballot Measures, Education, Income tax, Revenue, Voucher|Comments Off on LB 753: The cost of private school scholarship tax credits

OpenSkyLIGHTS: Focus on Nebraska fiscal policy (7/28/23)

29,800 As Congress considers appropriations bills for FY 2024, current proposals would require states to turn away hundreds of thousands of postpartum adults and young children receiving assistance through the Special Supplemental [...]

By |2023-07-28T15:27:00-05:00July 28th, 2023|Ballot Measures, Ballot Measures, Education, Education, Federal Tax & Budget, Income tax, Revenue, Voucher|Comments Off on OpenSkyLIGHTS: Focus on Nebraska fiscal policy (7/28/23)

Nebraska Examiner on July 25: With property valuations skyrocketing, Pillen appoints ‘working group’ to consider reforms

Gov. Jim Pillen on Monday announced the formation of a working group to look at reforming the state's property tax system. In its story, the Nebraska Examiner spoke with Dr. Rebecca Firestone, [...]

By |2023-08-31T10:35:23-05:00July 25th, 2023|OpenSky in the Media, Revenue|Comments Off on Nebraska Examiner on July 25: With property valuations skyrocketing, Pillen appoints ‘working group’ to consider reforms

OpenSkyLIGHTS: Focus on Nebraska fiscal policy (07/21/23)

$218 million In its report to the Tax Rate Review Committee, the Legislative Fiscal Office noted that taxpayers claimed $380 million of the $598 million in LB 1107 property tax credits authorized [...]

By |2023-07-21T14:01:40-05:00July 21st, 2023|Education, Education, Health, Health, Revenue, State Budget & Taxes, State Budget & Taxes|Comments Off on OpenSkyLIGHTS: Focus on Nebraska fiscal policy (07/21/23)

Omaha World-Herald on July 14: After months of low revenues, Nebraska closes out fiscal year on track with forecast

Nebraska ended its latest fiscal year just above projections, according to a report from the Nebraska Department of Revenue. In an Omaha World-Herald story, OpenSky Executive Director Dr. Rebecca Firestone noted that [...]

By |2023-07-17T14:25:13-05:00July 14th, 2023|Income tax, OpenSky in the Media|Comments Off on Omaha World-Herald on July 14: After months of low revenues, Nebraska closes out fiscal year on track with forecast
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