The Full Platter

Should Nebraska license journalists?

Should Nebraska license journalists?

Last week, Nebraska Gov. Pete Ricketts’ administration announced a new method for “credentialing” journalists to participate in gubernatorial press conferences. The new policy would require those who wish to have credentials to submit answers to questions about their organization’s business model, as well as a notarized letter from their manager. The policy was apparently in...

By Laura Ebke

Corporate income is a factor to state’s continued revenue growth

Corporate income is a factor to state’s continued revenue growth

April is a very important month in the government world. Typically, that is when the tax filing deadline occurs, and budget writers get to see if the state collected as much tax revenue as they anticipated. However, this has been slightly altered for 2021, with Nebraska electing to extend the filing deadline to May 17, 2021...

By Sarah Curry

Nebraska lawmakers approve expanded telehealth access

Nebraska lawmakers approve expanded telehealth access

The Nebraska Legislature has unanimously passed a bill supported by the Platte Institute which makes pandemic emergency changes to telehealth regulations permanent. LB400 had previously been advanced out of the Health and Human Services Committee and prioritized by its sponsor, Sen. John Arch. Prior to the pandemic, accessing telehealth services meant that individuals had to...

By Nicole Fox

Legislature adopts bill for virtual local government meetings during emergencies

Legislature adopts bill for virtual local government meetings during emergencies

Today, the first of 3 bills supported by the Platte Institute making temporary regulatory changes due to the COVID-19 pandemic permanent was passed by the Nebraska Legislature. LB83 was introduced by Sen. Mike Flood on January 7, 2021. The Platte Institute submitted a position letter of support for the bill’s Government, Military and Veterans Affairs...

By Nicole Fox

GILTI: What is it, and why does Nebraska need to focus on it?

GILTI: What is it, and why does Nebraska need to focus on it?

GILTI stands for Global Intangible Low-Taxed Income. GILTI is a category of income that is earned abroad by U.S.-controlled foreign corporations and is subject to special treatment under the U.S. tax code, as well as states that levy a corporate income tax. This special treatment of foreign earned income is intended to prevent erosion of...

By Sarah Curry

Podcast: Joe Bishop-Henchman on Nebraska Tax Reform & the American Rescue Plan

Podcast: Joe Bishop-Henchman on Nebraska Tax Reform & the American Rescue Plan

Joe Bishop-Henchman is no stranger to Nebraska tax issues. He discusses his new role at the National Taxpayers Union Foundation, where he’s challenging federal authorities who may seek to limit Nebraska’s control over its own tax and budget policies. Mentioned on this episode: Letter:  NTU Requests Clarification on State Tax Provision in American Rescue Plan...

Direct notification of property tax hearings advances in Legislature

Direct notification of property tax hearings advances in Legislature

LB644, otherwise known as a Truth in Taxation bill, passed first round debate in the Nebraska Legislature, 36-1. Nine members were “present not voting.” The legislation moves Nebraska one step closer to providing more taxpayer engagement and transparency when local governments increase their property tax request. Under an approved amendment, LB644 will apply only to a county, city,...

By Sarah Curry

5 top priorities in Nebraska’s latest budget (and 8 you might miss)

5 top priorities in Nebraska’s latest budget (and 8 you might miss)

In odd numbered years, the Nebraska Legislature enacts its biennial (two-year) budget. The Appropriations Committee’s proposal typically comes a few months after the governor releases their proposed budget at the State of the State address at the beginning of the year. The version coming out of the Appropriations Committee is the one that will be...

By Sarah Curry

Sales tax revenue is contributing to Nebraska surplus

Sales tax revenue is contributing to Nebraska surplus

While our state and nation continue to recover from the COVID-19 pandemic’s impact on our economy, it is clear that Nebraska’s sales tax is a contributing factor to the state’s resiliency. Sales tax data released by the Department of Revenue gives us an itemized list of each city and county and their net taxable sales...

By Sarah Curry

Kansas passes property tax transparency law

Kansas passes property tax transparency law

Lawmakers in Kansas have adopted a new law (SB13) that would directly notify property taxpayers about hearings on local tax increases resulting from higher property valuations. The policy, also known as Truth in Taxation, shares similarities with Nebraska state Sen. Ben Hansen’s 2021 priority bill, LB644. The Kansas Legislature passed this legislation last year, but...

By Adam Weinberg

Podcast: How to Inform Nebraskans About Property Taxes

Podcast: How to Inform Nebraskans About Property Taxes

Nicole Fox joins Jim Vokal to discuss an advancing proposal to notify Nebraska taxpayers about potential property tax increases. Resources mentioned on this episode: Poll shows Nebraskans favor more action on property taxes LB644: Truth in Taxation – Direct Notification of Property Tax Increase Hearings

National data show Nebraska’s economic resilience in 2020

National data show Nebraska’s economic resilience in 2020

Unemployment figures for the states were released for February 2021. Nebraska remains one of the national leaders at only 3.1% unemployment, following Utah and South Dakota at 3% and 2.9%, respectively. This is 0.1% points down from January and 0.1% up from the unemployment rate in Nebraska before the pandemic in February 2020. In February...

By Sarah Curry

Revenue Committee proposes larger inheritance tax exemptions

Revenue Committee proposes larger inheritance tax exemptions

The Nebraska Legislature’s Revenue Committee has advanced an amended version of Sen. Robert Clements’ Legislative Bill 310, which seek to reduce Nebraska’s county inheritance tax. While scaling back the scope of the tax reductions, the amendment still more than doubles Nebraska’s inheritance tax exemptions, while reducing the highest rates. For class one beneficiaries (immediate family)...

By Sarah Curry