State Legislature Bills

The bill temporarily expands Nebraska income-tax deductions for essential equipment bought by locally owned small businesses, simplifies certification, and requires free guidance. The relief expires after three tax years unless renewed.

The bill lowers selected licensing, inspection, and registration fees for qualifying locally owned Nebraska businesses with up to 50 employees. It also streamlines renewals and compliance information while retaining health, safety, and consumer protections.

This bill would give Nebraska small businesses a 24-month break on some state costs by cutting sales tax in half on key operating inputs like utilities, shipping, packaging, and basic supplies, while also freezing and in some cases reducing state licensing, filing, and inspection fees. State agencies would have to make the program simple to use and report back on its fiscal impact and whether it actually lowered operating costs.