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The Tax Cuts and Jobs Act (TCJA) of 2017 temporarily eliminated the factory tax by allowing full expensing for investments in business machinery and equipment in the year the investments occurred. This provision will expire beginning January 1, 2023. The TCJA of 2017 also allowed for full expensing for investments in research and experimentation (R&E)....

LR23CA is a Platte-supported measure that would send the question of inheritance tax to the ballot as a proposed constitutional amendment. Click here to read the full text, and to submit comment when the hearing has been scheduled.  

The Platte Institute supported LB16, a reintroduction of two bills Platte supported in the 107th Legislature: LB263 and LB709. The bills made it out of committee on a 7-0-1 vote, but ran out of time before the 60-day session concluded. This bill allows an alternate way of licensing workers from other states through recognition of...