Bill

Bill > LB931


NE LB931

NE LB931
Provide an income tax credit related to premium payments for a qualified health plan


summary

Introduced
01/09/2026
In Committee
01/13/2026
Crossed Over
Passed
Dead

Introduced Session

Potential new amendment
109th Legislature

Bill Summary

A BILL FOR AN ACT relating to revenue and taxation; to amend section 77-2715.07, Revised Statutes Supplement, 2025; to provide an income tax credit related to premium payments for a qualified health plan; and to repeal the original section.

AI Summary

This bill amends Nebraska tax law to create a new refundable income tax credit for individuals starting in tax year 2026. This credit is for those who received a premium assistance credit under a specific section of the U.S. Internal Revenue Code (26 U.S.C. 36B), which helps lower the cost of health insurance purchased through the Health Insurance Marketplace. The new credit will be equal to the difference between the premium assistance amount they would have received under an older version of the law (prior to its expiration) and the amount they actually received under the current law. This aims to provide additional financial relief to individuals who qualified for premium assistance for their health insurance.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Revenue Hearing (13:30:00 2/25/2026 Room 1524) (on 02/25/2026)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...