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: | 2021 |
| Program name: | Angel Investment Tax Credit |
| Program purpose: | Capital investment |
| Statutory authority: | Nebraska Revised Statutes s. 77-6301 Tourism 77-6310 |
| Abating jurisdiction(s): | State of Nebraska |
| Applicable taxes: | (not specified) |
| Method of abatement: | Tax Credit |
| Provisions for recapture: | These credits are subject to recapture if the investment is not held in the small business for at least three years. LB 344, operative August 1, 2019, terminated the Angel Investment Tax Credit Act after calendar year 2019. No Tax Credits may be allocated after that calendar year. |
| Gross revenue loss: | $1,605,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $1,605,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://das.nebraska.gov/accounting/fin-report.html |
