Ricketts and others hail major tax cuts as historic and transformative | Regional government
Governor Pete Ricketts celebrated the signing into law of the largest tax cuts in Nebraska history on Wednesday with an elaborate ceremony in the Capitol rotunda, where he signed the bill with applauding state senators and leaders business and agriculture alongside him.
Ricketts called the moment historic, and President Mike Hilgers of Lincoln said the tax cut program offered an opportunity “to have a transformative impact” on the state’s near-term future.
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The $900 Million Tax Reduction Bill (LB873) provides a targeted personal and corporate income tax reduction by reducing the top tax rates for individuals and corporations, generates additional property tax relief through new state income tax credits based on property taxes paid by community colleges and phase out state income taxation of benefits social Security.
The stage was set for substantial tax relief when “Nebraska came through the (coronavirus) pandemic very strong,” Ricketts said, and the economic growth that followed helped fuel more than $1 billion in increases. revenue during the biennium that exceeds state budget requirements.
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“We need to give that money back to the people of Nebraska,” the governor said.
Senator Lou Ann Linehan (center) of Elkhorn, chair of the revenue committee, looks alongside the senses. Mike Jacobson of North Platte and Steve Halloran of Hastings as Gov. Pete Ricketts signs LB873 Wednesday in the Capitol Rotunda.
GWYNETH ROBERTS, newspaper star
Ricketts singled out members of the Legislative Revenues Committee who crafted the package, paying particular attention to Senator Lou Ann Linehan of Elkhorn, the committee chair, who led the way in crafting the package. the final proposal despite sometimes intense negotiations.
The governor praised Linehan for “his excellent work”.
Hilgers said Linehan “will go down (in Nebraska history) as one of the great lawmakers.”
In turn, Linehan said, “I want to thank everyone for not giving up.”
Absent from the ceremony was one of the main architects of the compromise plan, Senator Tom Briese of Albion, who was attending the funeral of his nephew, Elwood Volunteer Fire Chief Darren Krull, who died in a road frontal. accident while responding to a fire in central Nebraska.
Dozens of senators and major supporters of the proposal attended the ceremony and received signed copies of the governor’s bill.
Bryan Slone of Omaha, president of the Nebraska Chamber of Commerce, said the state’s performance during the pandemic and the Legislature’s fiscal discipline “got us to where we are today.”
“I believe we were the number one state in terms of coming out of the pandemic,” he said.
Central City’s Mark McHargue, president of the Nebraska Farm Bureau, hailed the successful enactment of the tax package as “a team effort.”
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Top photos from the Journal Star of the month of April

Lincoln, NE – 3/30/2022 – Kay, a month-old female giraffe, is fed Shadow Brook Farm goat milk from a bottle by giraffe keeper Jake Beiermann on Wednesday, March 30, 2022, at the Children’s Zoo of Lincoln. GWYNETH ROBERTS, newspaper star
GWYNETH ROBERTS Journal Star

Dressed as the Easter Bunny, Jody Schmale opens her arms to kiss a very excited Kinsley Graves during an Easter Egg Hunt held at the National Guard East Campus Readiness Center on April 2, 2022 in Lincoln, Nebraska. Operation Hidden Egg had kids looking high and low for goddies early on Saturday. KENNETH FERRIERA, Newspaper Star
KENNETH FERRIERA Star Diary

LINCOLN, NEB. – 04/09/2022 – Nebraska quarterback Casey Thompson looks for a pitch during the Red-White spring game, Saturday, April 9, 2022, at Memorial Stadium. JUSTIN WAN, Newspaper Star
JUSTIN WAN Journal Star

LINCOLN, NEB. – 04/08/2022 – Nebraska’s Luke Sartori dives for the ball to go out during a Friday baseball game between the two. Rutgers and Nebraska at Haymarket Park. JAIDEN TRIPI, newspaper star
JAIDEN TRIPI Journal Star

(L-R) Landyn Nolan and his brother Caedyn Nolan use their RC Rock Crawlers to clear a rock outcrop placed at Trago Park on April 1, 2022, in Lincoln, Nebraska. The RC Rockcrawlers the brothers bought are a popular hobby. KENNETH FERRIERA, Newspaper Star
KENNETH FERRIERA Star Diary

Lincoln, NE – 4/4/2022 – Andrew Johnson (3) of Lincoln Christian spins a double play after forcing Maxwell-St. Pat’s Isaac Irish (14) as teammate Tysen Workman secures the save in the second inning Monday April 4, 2022 at Lincoln Christian. GWYNETH ROBERTS, newspaper star
GWYNETH ROBERTS Journal Star

LINCOLN, NEB. – 04/06/2022 – Lincoln East’s Molly Ruff (6) (left) and Lincoln Southwest’s Kayla Hassler jump for the header during Wednesday’s football game between Lincoln East and Lincoln Southwest at Seacrest Field. JAIDEN TRIPI, newspaper star
JAIDEN TRIPI Journal Star

LINCOLN, NEB. – 04/06/2022 – Harrison Barnette (left), 16, a sophomore at Bridgeport, and Briana Johnson, 16, a sophomore at Boone Central, play a game of Connect Four at the FFA convention , on Wednesday, April 6, 2022, at Campus Est. JUSTIN WAN, Newspaper Star
JUSTIN WAN Journal Star

Nebraska head coach Rhonda Revelle hugs Courtney Wallace after the quarterfinals game against Rutgers at Bowlin Stadium on April 2, 2022, in Lincoln, Nebraska. KENNETH FERRIERA, Newspaper Star
KENNETH FERRIERA Star Diary

Lincoln, NE – 4/7/2022 – University of Nebraska board members listen as Mark Riley (foreground), associate dean for research at the college of engineering, takes a tour of Othmer Hall on Thursday, April 7, 2022. GWYNETH ROBERTS, newspaper star
GWYNETH ROBERTS Journal Star

LINCOLN, NEB. – 04/01/2022 – Nebraska’s Mya Felder (left to right), Sydney Gray, Peyton Glatter and Billie Andrews greet teammate Brooke Andrews (back) after hitting a home run during Friday’s softball game between Rutgers and Nebraska at Bowlin Stadium. JAIDEN TRIPI, newspaper star
JAIDEN TRIPI Journal Star

Lincoln, NE – 4/8/2022 – Ron Schultz (right), owner of Racquet Corner at 3119 O Street, ties up tennis racquets with his father Bob Schultz on Friday, April 8, 2022. GWYNETH ROBERTS, Journal Star
GWYNETH ROBERTS Journal Star

LINCOLN, NEB. – 04/09/2022 – Nebraska’s Jarrett Synek (16) celebrates his touchdown during the second half of the Red-White spring game, Saturday, April 9, 2022, at Memorial Stadium. JUSTIN WAN, Newspaper Star
JUSTIN WAN Journal Star

Immanuel Wayoro of Lincoln Southeast runs to the sidelines in celebration with his team after scoring against Lincoln High School in the second half at Seacrest Field on March 30, 2022 in Lincoln, Nebraska. KENNETH FERRIERA, Newspaper Star
KENNETH FERRIERA Star Diary

Majdal Elias (second from left) stands trial for the death of 15-year-old Ali Al-Burkat on the first day of trial April 4, 2022, in Lincoln, Nebraska. KENNETH FERRIERA, Newspaper Star
KENNETH FERRIERA Star Diary

LINCOLN, NEB. – 04/09/2022 – Nebraska’s Broc Bando (73) (middle) and his team enter the field for the Red-White spring game, Saturday, April 9, 2022, at Memorial Stadium. JAIDEN TRIPI, newspaper star
JAIDEN TRIPI Journal Star

LINCOLN, NEB. – 04/05/2022 – Children watch as the Nebraska Legislature discuss LB873, a bill for a package of tax cuts, Tuesday, April 5, 2022, at the Nebraska State Capitol. JUSTIN WAN, Newspaper Star
JUSTIN WAN Journal Star

Waverly’s Lqndon Oelke celebrates after hitting a two-run and making it safe in third in the eighth inning against Beatrice at Lawson Field on April 1, 2022, in Waverly, Nebraska. KENNETH FERRIERA, Newspaper Star
KENNETH FERRIERA Star Diary

LINCOLN, NEB. – 08/04/2022 – Rutgers’ Jared Kollar (47) throws the ball away during a Friday baseball game between. Rutgers and Nebraska at Haymarket Park. JAIDEN TRIPI, newspaper star
JAIDEN TRIPI Journal Star

LINCOLN, NEB. – 04/09/2022 – Nebraska’s Jatrett Synek (16) (left) drives past Simon Otte for the touchdown in the Red-White spring game, Saturday, April 9, 2022, at Memorial Stadium. JAIDEN TRIPI, newspaper star
JAIDEN TRIPI Journal Star

Benjamin Bradley (center) and his brother Timothy (right) are pushed on the swings by Chloe Hoffman at Roberts Park on April 4, 2022 in Lincoln, Nebraska. As April begins, the weather in Lincoln has slowly started to warm up. Temperatures on Tuesday hit the mid-60s. Residents of Lincoln took advantage of the afternoon heat to get out and spend their time outdoors or just soak up the sun. KENNETH FERRIERA, Newspaper Star
KENNETH FERRIERA Star Diary
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