LB377: Modernizing Relatives Subject to Inheritance Tax

Introduced on January 13, 2021
Status: General File




The Platte Institute provided testimony in support of LB377. Nebraska is one of only six states that levies an inheritance tax. Because the tax was created in 1901, many of its provisions are in need of modernization, including Nebraska’s top 18% inheritance tax rate on non-relatives and distant relatives, which is also the country’s highest tax rate. LB377 would modernize the definition of relatives, who would then be subject to a lower inheritance tax rate.

Click here to visit the Nebraska Legislature website to submit written comment about LB377.

Last Action

The provisions of LB377 were amended into LB310 on January 20, 2022.