Nebraska Advantage Act
Summary of Benefits Approved

Reporting Neb. Rev. Stat. § 77-5731(3)


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Through December 31, 2010, there were 21 applicants with qualified projects.
Benefit
2008
2009
2010
Total
Tax Credits Earned:
     Investment Credits
     Compensation Credits
          Total Tax Credits Earned

3,235,696
    601,473
$      3,837,169

6,836,892
  2,130,249
$    8,967,141

80,339,969
18,428,923
$  98,768,892

90,412,557
   21,160,645
$  111,573,202

Tax Credits Used:
     Corporate Income Tax
     Individual Income Tax
          Subtotal Income Tax

     Withholding Tax
     Sales/Use Tax Refunds
     Real Estate Tax
          Total Tax Credits Used


0
     0
$                      0

308,513
0
             0
$         308,513


0
 136,538
$        136,538

675,775
0
              0
$        812,313


32,818,142
   1,629,162
$  34,447,304

7,118,105
240,566
                  0
$  41,805,975


32,818,142
    1,765,700
$     34,583,842

8,102,393
240,566
                   0
$   42,926,801

Total Tax Credit Correction
$                   0
$                     0
$                     0
$                     0
Tax Credits Outstanding1
$      3,528,656
$     8,154,828
$  56,962,917
$   68,646,401
Qualified Investment
$ 32,356,962
$   69,416,159
$ 811,893,055
$ 913,666,176
Direct Sales/Use Tax Refunds on Investment
$         831,009
$        229,065
$   12,104,716
$    13,164,790
Sales/Use Tax Refunds Pending Approval
N/A
N/A
$     4,166,145
N/A
Recapture Repaid
$                      0
$                     0
$           43,936
$           43,936
Property Tax Benefits
     Personal Property Value Exempted
     Real Property Value Exempted

$      3,925,548
0

$     7,518,087
0

$158,028,247
0

$ 169,471,882
0
New Jobs at Qualifying Projects
269
641
1,950
2,860

1Credits Outstanding = Credits Earned less Credits Used and Credit Correction


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