Tax modernization commission moves closer to becoming reality

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Story Created: Mar 21, 2013 at 11:42 AM CDT

Story Updated: Mar 21, 2013 at 3:08 PM CDT

The state of Nebraska is one step closer to a tax modernization commission. Senators gave the bill first round approval today.
Sen. Paul Schumacher introduced LB 613.

If it passes, the commission would review and recommend updates to the state's tax code taking into account fairness, competitiveness, simplicity and compliance, stability, adequacy and complementary tax systems.

The commission would include the speaker of the Legislature and members of the appropriations committee as well as the health and human services, revenue and legislature's planning committees.

Kearney Sen. Galen Hadley supported the bill. He said the goal of the commission would be to ensure that all Nebraskans are treated equitably under the tax code.

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