Bill Would Offer Tax Relief for Nebraskans
February 10, 2021
LINCOLN — For decades, tax policy has been a controversial topic in the Nebraska Legislature. This year, two bills propose solutions to bring tax relief to the state.
On Feb. 3, Sen. Tom Briese of Albion and Sen. Steve Erdman of Bayard presented new tax policy bills to the Revenue Committee. While both bills aim to modernize Nebraska’s tax system, they each take different approaches.
LB422: Decrease sales tax rate and impose sales tax on additional services
Briese introduced LB422 to lower Nebraska’s sales tax rate from 5.5 percent to 5 percent. The bill would also add sales tax to se...