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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.

State or TerritoryNebraska
Effected JurisdictionNebraska
Jurisdiction type: State or Territory
Fiscal year ending In2018
Program nameEmployment 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 taxesIncome 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 sourcehttps://das.nebraska.gov/accounting/fin-report.html