Nebraska Lawmakers Eyeing Effectiveness of Tax Incentive Programs

Nebraska Lawmakers Eyeing Effectiveness of Tax Incentive Programs
Senator Roy Baker

BEATRICE – Nebraska Legislators advanced a proposal this week that seeks to determine if various tax incentive programs for business, are accomplishing their purpose.

The measure by Senator John Keuhn, in part, seeks to analyze whether job growth in businesses receiving tax incentives is at least ten-percent above industry averages.  The bill, which advanced by a 43-2 vote, also seeks to determine the cost of incentives, per worker.

State Senator Roy Baker says it was easy to provide incentive programs when times were good.

:20                  “hired anyway”

Senator Kate Bolz

Lincoln Senator Kate Bolz is concerned about the pay level of some of those jobs, and whether they can actually support a family.  Baker sees her point.

:30                  “they were intended”

Baker says Bolz used an example of the level of pay in Lincoln, to help illustrate the concern.

:24                  “good deal”

The desire to evaluate incentive programs comes at a time the State of Nebraska is still having to address revenue shortfalls, through a lull in the state’s agriculture industry.

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