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LR 260

Interim study to determine the return on investment per kilowatt hour for businesses that choose to locate and set up their businesses in Nebraska

109th Legislature (2025-2026) Introduced by Robert Dover

LR260 seeks an interim study by Nebraska's Revenue Committee to assess ROI per kWh for relocating businesses, considering taxes, energy costs, incentives, and infrastructure

Notice of hearing for October 03, 2025 (cancel)
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Bill Summary · LR 260

Summary: Legislative Resolution LR260 (Nebraska)

Overview

LR260 is a legislative resolution introduced on May 15, 2025, proposing an interim study by the Nebraska Legislature’s Revenue Committee. The study would evaluate the return on investment (ROI) per kilowatt hour (kWh) for businesses that choose to locate and establish operations in Nebraska. The resolution is a non-binding procedural measure designed to gather data and inform future policy considerations.

Purpose and Scope

  • Primary goal: Determine the ROI per kWh for businesses relocating to Nebraska, taking into account tax and energy-related factors.
  • The study would examine how taxes, energy costs, and related incentives influence a business’s decision to relocate to Nebraska.

Key Provisions to be Studied

The interim study shall consider, at a minimum, the following areas:
1. Real property taxes
2. Personal property taxes
3. Sales tax related to:
- Construction costs
- Purchase of raw materials and business products
- Purchases by employees
- Sales tax collected on products sold
4. Income taxes based on employees
5. Impacts of relocation to Nebraska due to tax treatment on ROI
6. Other state benefits arising from growth in energy supply and demand within Nebraska
7. Economic offsets associated with building energy infrastructure (generation and transmission) required to supply sufficient kilowattage, including:
- The same economic factors listed above
- Nameplate capacity tax

Additionally, the study may consider how energy infrastructure development and capitalization affect ROI for relocating businesses.

Who Is Affected

  • Businesses considering relocation or establishing operations in Nebraska
  • State and local tax structures (real, personal, sales, and income taxes)
  • Energy sector stakeholders (generation, transmission, and related infrastructure)
  • State agencies, especially those involved in revenue, energy policy, and infrastructure planning
  • Local governments and county officials as appropriate stakeholders

Process, Committee Involvement, and Timeline

  • Designated committee: Revenue Committee of the Legislature (to conduct the interim study).
  • Potential collaboration: The Revenue Committee may confer with other standing committees, state agencies, county officials and employees, and other stakeholders.
  • Reporting: Upon completion, the Revenue Committee must report its findings and recommendations to the Legislative Council or Legislature.
  • Status and Procedural notes:
    • Introduced: May 15, 2025
    • Referred to: Revenue Committee (and also noted involvement with Executive Board)
    • Hearings: Notice of hearing for October 3, 2025 was published but subsequently canceled
    • Current status: The hearing was canceled; LR260 remains a resolution directing an interim study rather than immediate policy changes

Potential Implications

  • The interim study could inform future policy discussions on tax incentives, business climate, and energy infrastructure investment in Nebraska.
  • Outcomes may influence the design of tax policy, energy pricing, and infrastructure planning if ROI per kWh proves favorable for relocation or expansion.
  • As a resolution, LR260 does not enact policy but seeks data to guide legislative decision-making.

Sponsorship

  • Primary sponsor: Senator Dover

This summary provides a concise, factual outline of LR260, its study goals, scope, affected parties, and procedural status.

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

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