Nebraska Advantage Act
Benefits Approved by Industry
(2010 and Cumulative)

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

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2010

Benefit
Manufacturing
Non-manufacturing
Total
Tax Credits Earned:
     Investment Credits
     Compensation Credits
          Total Credits Earned

31,378,223
   5,343,804
$   36,722,027

48,961,746
  13,085,119
$    62,046,865

80,339,969
  18,428,923
$      98,768,892
Tax Credits Used:
     Corporate Income Tax
     Individual Income Tax
          Subtotal Income Tax
 
     Withholding Tax
     Sales/Use Tax Refund
     Real Estate Tax
          Total Tax Credits Used

1,012,566
      104,529
$     1,117,095
 
1,524,426
98,695
                   0
$      2,740,215

31,805,576
     1,524,633
$    33,330,209
 
5,593,679
141,871
                   0
$    39,065,759

32,818,142
    1,629,162
$    34,447,304
 
7,118,105
240,566
                    0
$    41,805,975
Tax Credit Corrections
$                       0
$                      0
$                      0
Tax Credits Outstanding1
$    33,981,812
$   22,981,106
$   56,962,917
Qualified Investment
$  322,275,595
$ 489,617,460
$ 811,893,055
Direct Sales/Use Tax Refunds on Investment
$       4,275,487
$      7,829,228
$    12,104,715
Sales/Use Tax Refunds Pending Approval
$       3,688,421
$         477,724
$      4,166,145
Recapture Repaid
$             43,936
$                      0
$            43,936
Property Tax Benefits:
     Personal Property Value Exempted
     Real Property Value Exempted

                        $  150,947,969
0

     $      7,080,278
 0

  $  158,028,247
 0
New Jobs at Qualifying Projects
Estimated Average Salary of New Jobs
               682
$             37,894
                1,268
$            44,757
            1,950
$             42,583

Employees at End of Quarter Prior to Date of Application
Employees on Most Recent Reporting Date

5,544
6,012
8,433
8,753
13,977
14,765

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

Cumulative (2008-2010)

Benefit
Manufacturing
Non-manufacturing
Total
Tax Credits Earned:
     Investment Credits
     Compensation Credits
          Total Credits Earned
 
35,425,297
        6,247,155
$          41,672,452
 
54,987,260
   14,913,490
$           69,900,750
 
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 Refund
     Real Estate Tax
          Total Tax Credits Used
 
1,012,566
      241,067
$            1,253,633
 
1,654,163
98,695
                    0
$            3,006,491
 
31,805,576
      1,524,633
$           33,330,209
 
6,448,230
141,871
                    0
$            39,920,310
 
32,818,142
      1,765,700
$            34,583,842
 
8,102,393
240,566
                    0
$           42,926,801
Tax Credit Corrections
$                            0
$                              0
$                             0
Tax Credits Outstanding1
$          38,665,961
$            29,980,440
$          68,646,401
Qualified Investment
$       363,793,576
$          549,872,600
$        913,666,176
Direct Sales/Use Tax Refunds on Investment
$            4,360,511
$              8,804,278
$          13,164,789
Recapture Repaid
$                  43,936
$                              0
$                  43,936
Property Tax Benefits:
     Personal Property Value Exempted
     Real Property Value Exempted
 
$        150,947,969
 0
 
$            18,523,913
 0
  
$        169,471,882
  0
New Jobs at Qualifying Projects
Estimated Average Salary of New Jobs
1,028
$                  37,879
1,832
$                    44,920
2,860
 $                   42,389

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