Nebraska State Senator Danielle Conrad of Lincoln introduced LB 294 Wednesday which would provide families earning a certain income level a refundable tax credit up to $1,000 per child.
About half of Nebraskans, including about 81% of the state’s children, would benefit from the proposal.
The proposal would allow a $1,000 credit per child for families with income up to $75,000 for a single filer, up to $92,500 for heads of households and $122,500 for married couples filing jointly.
There would be no limit on the number of children a qualified family could claim for the credit.
Families with higher incomes also would receive credits but at lower levels based on income. Click here to see the full Nebraska Examiner article.