Printer Friendly
Email to a Friend
(KTNC) - The Nebraska Legislature is nearing the end of its 90-day session. The Legislature gave final approval to the budget bills last week, while some bills have been dropped from the agenda.
First district Senator Dan Watermeier says in his weekly update that the bill he designated as his priority bill gained first and second round approval. The bill, LB-308, seeks to repeal Nebraska’s alternative minimum tax, or A-M-T, which Watermeier says only exists in nine states. (play audio :41 “revenue ruling.”)
The bill, as amended, also updates Nebraska’s Net Operating Loss Carry Forward Policy, extending it to 20-years from the current five years. Watermeier says that would benefit small businesses, new businesses, and agriculture.
Another bill that gained second round approval is LB-507, which creates the “Step up to Quality Child Care Act.”
Watermeier says the legislation seeks to bring accountability to the $94 million the state invests in childcare and early childhood education by creating a five-step quality rating and improvement system. (play audio :32 “their education.”)
Bills need to make it through three rounds of debate for final approval. The Nebraska Legislature is due to adjourn on June 5th.
© MSC News
|
MOST VIEWED STORIES
Holton man killed in Jackson Co crash
Morrill pair arrested on drug, child endangerment charges
Falls City man sentenced to Federal Prison
Ground Broken for new Sac and Fox Trad'n Post
Jackson Co traffic stop leads to arrest
Local residents avoid injury in chain reaction crash
90 mph+ downburst winds blamed for Thursday damage
One held for past Atchison shooting
Inmate dies at Lansing Correctional Facility
Wamego man sentenced in second fentanyl-related death
Early Thursday storms leave damage, outages, locally
Stolen trailer, 4-wheeler, recovered in Atchison
Mayetta pair arrested on meth, child endangerment charges
Mound City Mayor Duane Nauman remembered
Horton City Clerk's resignation accepted Monday
Brown Co Planning Commission established
KS' LaTurner will not seek another term
LATEST STORIES
McLouth man injured in Monday wreck
Horton City Clerk's resignation accepted Monday
Atchison Co's Oswald named honorary bailiff for KS Court
Juveniles face charges following Atchison break-in
Richardson County accepted into managed call handling program
No injuries in early Sunday morning house fire in Falls City
Sabetha annual citywide cleanup Wednesday
Mayetta pair arrested on meth, child endangerment charges
RELATED STORIES
Neb Gov seeking nominations for legislative vacancies
Nebraska Lawmakers Reject Vaccination Bill
New Committees For Neb Senator Watermeier
Study Shows Drop in Nebraska Groundwater Levels
Pawnee City Supt. Testifies at Education Committee Hearing
Royalty Crowned on Opening Night of Richardson Co Fair
Medicaid Expansion Discussed During Falls City Open House
Legislative Open Houses Saturday in SE Nebraska
Hiawatha, Ks 66434