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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

StateNebraska
Effected JurisdictionNebraska
Jurisdiction type: State
Fiscal year ending In2020
Program nameNebraska Advantage Microenterprise Tax Credit Act
Program purpose: Business attraction/retention/expansion
Statutory authority: Nebraska Revised Statutes s. 77-5901 through 77-5908
Abating jurisdiction(s): State of Nebraska
Applicable taxesIncome Tax
Method of abatement: Tax Credit
Provisions for recapture: (no provisions for recapture)
Gross revenue loss: $623,000
Reimbursement / offset: $0
Net revenue loss: $623,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://das.nebraska.gov/accounting/fin-report.html