PASSED-Small Business Tax Relief LB888
Raises the threshold of Nebraska's lower corporate income tax bracket - from $50,000 to $100,000 - so corporations can now earn up to $100,000 per year and still be taxed at the lower rate of 5.58%. Reduces corporations' taxes by up to $1,120 per year. State Chamber Supported.

DEFEATED-Sales Tax Holiday LB708
Would have created a "tax-free" weekend for consumers in August when shopping for back-to-school supplies. While customers would not have had to pay the tax, retailers would have been required to make up the difference to negate the loss of state revenue. State Chamber Opposed.

DEFEATED-Ethanol Tax LB881, LB946, LB1040
Would have imposed an excise tax on ethanol produced in Nebraska at the rate of three cents, two cents, and one cent per gallon, respectively. State Chamber Opposed.

DEFEATED-Tax on Gas, Railroads and Oil LB922
Would have imposed an excise tax on natural gas, railroads and oil in Nebraska. State Chamber Opposed.

DEFEATED-Wire Transfer Excise Tax LB1071
Would have placed a 1% excise tax on all wire transfers of money originating in Nebraska. State Chamber Opposed.