A bill calling for the evaluation of tax incentive programs to lure businesses to Nebraska has advanced in the Unicameral.
Speaker Galen Hadley of Kearney says Nebraska needs to determine whether companies would not have come to Nebraska “but for” the incentives the state offered.
Hadley says an objective method needs to implemented, because every company that profits from a tax incentive will say it was decisive in their decision to come here.
Senator Ken Schilz of Ogallala says it is in the state’s best interest to discover whether corporate tax breaks actually work.
The bill would create a structure to judge whether tax breaks actually work. It also would create a system to evaluate the various business incentive programs offered by the state.





