Nebraska Gov. Jim Pillen, state senators promote ‘historic’ tax relief bills
LINCOLN, Neb. (KLKN) – Gov. Jim Pillen and state senators on Wednesday morning promoted several “historic” tax relief bills at the State Capitol.
The six priority bills are aimed at changing the state’s tax code, making Nebraska’s tax system more competitive with other states and improving workforce development.
“Our current tax system fails to make Nebraska competitive,” Pillen said. “If we are going to attract and retain people, we need to modernize our tax code and provide Nebraskans with the tax relief they need.”
State Sens. Brad von Gillern, Kathleen Kauth, Lou Ann Linehan, Joni Albrecht and Dave Murman introduced the bills.
One from von Gillern, would lower the income and business taxes to 5.84%, which translates to $78.5 million in relief in the 2024 fiscal year.
Wednesday was the final day for lawmakers to introduce bills in this year’s legislative session.
“My proposals will reduce our property, income, and business taxes to spur economic growth so Nebraska can remain, for future generations, the best place in the country to work and raise a family,” Pillen said in a release.