Proposal seeks to modernize Nebraska's tax system – Unicameral Update ne.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ne.gov Daily Mail and Mail on Sunday newspapers.
Both tax reduction proposals were opposed by Open Sky Policy Institute, who warned that the bills would obligate the state to future tax cuts and reduction in revenue without knowing
The Revenue Committee heard testimony Feb. 3 on a bill that would apply state sales tax to most services and cut the sales tax rate. LB422, introduced by Sen. Tom Briese of Albion, would reduce the state sales tax rate from 5.5 percent to 5 percent beginning Oct. 1, 2022. Under the bill’s provisions, services [.]