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.
State or Territory: | Nebraska |
Effected Jurisdiction: | Nebraska |
Jurisdiction type: | State or Territory |
Fiscal year ending In: | 2018 |
Program name: | Employment and Investment Growth |
Program purpose: | Job Creation/Retention |
Statutory authority: | Nebraska Revised Statutes 77-4101 through 77-4113 |
Abating jurisdiction(s): | State of Nebraska |
Applicable taxes: | Income Tax; Sales and Use Tax |
Method of abatement: | Tax Credit; tax refund; Tax Exemption |
Provisions for recapture: | Under recapture, for each year the levels are not maintanied, the taxpayer cannot earn new Tax Credits or claim direct refunds of sales and use tax for investments made during the year. |
Gross revenue loss: | $69,012,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $69,012,000 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |
Document source: | https://das.nebraska.gov/accounting/fin-report.html |