Nebraska New Markets Credit Extended Through 2022

Thursday, April 21, 2016 - 11:00am

Nebraska Gov. Pete Ricketts signed legislation Monday to extend the state’s New Markets Job Growth Investment Act through the end of 2022. The program began in 2012 with a sunset date of Dec. 31, 2019. The Nebraska credit has an annual state cap of $15 million and mirrors the federal new markets tax credit in structure.