Employment Expansion and Investment Incentive Act
Business Activity Summary

Reporting Neb. Rev. Stat. ยง 77-27,195(1)


Back to 2011 Annual Report Main Page | Back to Employment Expansion & Investment Incentive Act | Tax Incentives Home

 
Total1
Investment
$ 1,714,374,492
Employees
29,6852
Tax Credits
Enterprise Zone Tax Credits
        Total Tax Credits
63,125,4963
      887,000
$      64,012,496
Tax Credits Used:
     Income Tax
     Sales Tax
        Total Tax Credits Used

29,687,987
22,523,180
$      52,211,167
Tax Credits Recaptured:
     Income Tax
     Sales Tax
     Unused Credit from Carryover
        Total Tax Credits Recaptured
  
2,569,240
309,426
2,866,329
$         5,744,995
Tax Credits Expired
$         3,206,922

1To maintain confidentiality, credits earned or credits used in 2010 or 2011 are not reported.
2LB 886 which was passed in 1997 changed the definition of a new employee from a full-time employee to a full-time equivalent employee operative for tax years beginning on or after January 1, 1998. This employee number includes full-time employees for 1997 and earlier tax years, and full-time equivalent employees for 1998 and later tax years.
3Credits earned are not a multiple of $1,500 per employment credit and $1,000 per investment credit due to a settlement.