Comparison of Nebraska Tax Incentive Programs
to those Available in Other States

Reporting Neb. Rev. Stat. § 77-5731(7)


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States offer many types of tax incentives for businesses. This table summarizes tax incentives in states that somewhat follow the Nebraska model of granting tax incentives. For example, qualification for tax incentives is not dependent upon the location of a project in an enterprise zone or other limited geographic area. Thus, states that offer jobs or investment credits to businesses, but only to those who locate in a limited area, are not counted. States that offer tax incentives, but have different qualification levels depending upon geography, are counted provided that a project could qualify, at some level, in every part of the state.

States may also limit qualification for incentives to targeted industries. Nebraska does this, and the table counts those states where incentives are limited only to targeted activities. Finally, Nebraska refunds the sales and use tax on qualified investments, but some states refund only a portion of the tax. These states are counted as having a refund. Some states have broader sales and use tax exemptions than Nebraska, but do not provide a refund of any taxes paid. Tax exemptions are outside the scope of this report, and states are not counted if they do not provide at least a partial refund of sales and use taxes paid on qualified investment.

State
(click on state name to view website)
Job Credit (yes/no)
Investment Credit for Qualified Investment (yes/no)
Sales/Use Tax Refund or Tax Abatement (yes/no)
Personal Property Exempt (yes/no)
Job Credit Requirements
Investment Credit Requirements ($ Millions)
Alabama
yes
yes
yes
yes
5, 15, 20, 50 (by favored industry/geographic area) $100 (utilities), $5 (hydropower), $2 (facility expansion), $1M (small business)
Alaska
no
no
no
no
N/A N/A
Arizona
no
no
no
no
N/A N/A
Arkansas
yes
yes
yes
no
Based on payroll of the new employees hired. $2/3/3.75/5
California
no
no
yes
no
N/A N/A
Colorado
yes
no1
yes2
yes
5 (zone),10 (non-zone), 20 N/A
Connecticut
yes
no
no
yes
10, 250 or fewer, 251 to 800 N/A
Delaware
yes
yes
no
no
5 $ 0.20
Florida
yes
yes
no
no
100, 50, 25 (Research & Development) $25 3, $50 4
Georgia
yes
yes
no
no
5, 10, 15, 25 $0.5
Hawaii
no
yes
yes
no
N/A Investment in Qualified High Tech Business
Idaho
yes
yes
no
yes
10 $0.5
Illinois
yes
yes
no
no
500/1500, 150 (coal/wind industry) $12/$30 (high impact business)
Indiana
yes
yes
no
no
Positive benefit analysis, 75 (Headquarters) Positive benefit analysis, $100 (Headquarters)
Iowa
yes
yes
yes
yes
0-101+ (tiered) <$0.01 - $10+ (tiered)
Kansas
yes
yes
no5
yes
5 (urban), 10 (rural), 100 (high impact), 200 (wind and solar) $30 (wind and solar)
Kentucky
yes
yes
yes
yes
10 6 $.1 6, $2.5 7
Louisiana
yes
no
yes8
yes9
1 N/A
Maine
yes
yes
no
yes
5, 100 $0, $5
Maryland
yes
yes10
no
no
60, 25 in priority areas $.25 (biotechnology)
Massachusetts
no
yes
no
no
N/A New investment in manufacturing, research & development, agriculture, or commercial fishing
Michigan
yes
yes
no
yes
20 (entrepreneurial credit) $1.25 (entrepreneurial credit)
Minnesota
no
no
no
no
N/A N/A
Mississippi
yes
yes
yes
yes
10/15/20 $ 1
Missouri
yes
yes
yes11
yes11
5 12, 10/20/40/100 13 $10, $15 14
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State
(click on state name to view website)
Job Credit (yes/no)
Investment Credit for Qualified Investment (yes/no)
Sales/Use Tax Refund or Tax Abatement (yes/no)
Personal Property Exempt (yes/no)
Job Credit Requirements
Investment Credit Requirements ($ Millions)
Montana
yes
yes
no15
yes
Increase employment by 30% Must be a manufacturer
Nevada
yes
yes
yes
yes
15 (rural), 75 (urban) $0.25 rural, $1 urban
New Hampshire
no
no
no
no
N/A N/A
New Jersey
yes
no
no
no
10 (technology/biotechnology), 25 N/A
New Mexico
yes
yes
no
no
1 1 new employee per $.5 in investment
New York
yes
yes
yes
no
1 Up to 10% of investment
North Carolina
yes
yes
no
no
5/10/15 by zone $10 16
North Dakota
no
no
yes
yes
N/A N/A
Ohio
yes
yes
yes17
yes18
25, 1,000 (job retention tax credit) $200 (job retention tax credit)
Oklahoma
yes
yes
yes
no
New payroll of $2.5 million within 3 years/10 FT at lesser of 94K or 300% county avg $0.5
Oregon
no
no
no
yes
N/A N/A
Pennsylvania
yes
no
no
no
1 at $1,000 per job N/A
Rhode Island
yes
yes19
yes
no
10/50, wages at 250% state minimum wage Must be in certain NAICS codes
South Carolina
yes
yes
no
yes
30/75/125/250 depending on wage $.05 (property tax abatement & headquarters), many other highly-targeted
South Dakota
no
yes
yes
yes
N/A $10
Tennessee
yes
yes
no
no
25/100/250/500 (Job Tax Credit), 25 (Data Center), 100/250/500 (Super Jobs)20 $0.5 (Job Tax Credit), $250 (Data Center), $100-$1,000 (Super Jobs)20
Texas
no
no
no
no
N/A N/A
Utah
yes
no
no
no
Create new jobs (at least 50 in urban areas), 125% wage (urban), 100% wage (rural) N/A
Vermont
yes21
yes21
no
yes22
Increased wage and salaries Increased economic impact
Virginia
yes
yes
no
no
None listed None listed
Washington
no
yes
no
yes
N/A Specific industries (threshhold not specified)
West Virginia
yes
yes
no
yes
15 (headquarters), 20 (economic opportunity credit), 20 (high tech) $0.1
Wisconsin
yes
yes
no
no
Pay more than $10.88/hr None listed
Wyoming
no
no
no
no
N/A N/A
1Available in designated enterprise and sub-zones only.   12Manufacturing Jobs Program.
2Biotechnology research and development property only. 13MO Quality Jobs.
3Capital Investment Tax Credit. 14BUILD Program.
4High Impact Performance Incentive Grant. 15No sales tax.
5Provides for exemption for facility remodels (equipment and labor only). 16Article 3J Tax Credits.
6Kentucky Business Investment. 17For approved research & development projects.
7Kentucky Reinvestment Act. 18Warehouse inventory.
8Tied to quality jobs. 19Manufacturing and non-manufacturing investment credit.
9Restoration project. 20Super Jobs Tax Credit.
10Biotechnology Investment Tax Credit. 21Vermont Employment Growth Incentive.
11Chapter 100 sales tax exemption. 22Stabilization agreement.

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