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LB 171

Change provisions relating to individual and corporate income tax rates

109th Legislature (2025-2026) Introduced by Tom Brandt and 2 co-sponsors

Bill 6 SummaryMain Purpose and Intent:- Temporarily pauses the scheduled income tax reduction, keeping the rate at 4.99% for the 2026 tax year.Key Provisions:- Sets the individual

Title printed. Carryover bill
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Bill Summary · LB 171

Bill 6 Summary

Main Purpose and Intent:
- Temporarily pauses the scheduled income tax reduction, keeping the rate at 4.99% for the 2026 tax year.

Key Provisions:
- Sets the individual and corporate income tax rate at 4.99% for 2026, instead of the currently planned 4.55% in 2026 and 3.99% in 2027.

Affected Parties:
- Nebraska taxpayers subject to individual and corporate income taxes.

Procedural/Timeline Aspects:
- Notice of hearing scheduled for March 13, 2025.

Compiled from official sources — confirm details with the bill’s official record.

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