Analysis of Nebraska Advantage
Microenterprise Tax Credit Act

Reporting Neb. Rev. Stat. ยง 77-5907

Back to 2011 Annual Report Main Page | Back to Nebraska Advantage Microenterprise Tax Credit Act | Tax Incentives Home

Analysis Based on Application Estimates

Application
Year
Projected
Investment
Projected
Compensation
Tax Credits
Authorized
2011
$ 11,620,8801
$ 12,116,2871
$  1,909,9951
2010
 14,440,291
 10,780,605
 2,000,000
2009
 12,445,038
 12,383,582
 2,000,000
2008
26,494,484
7,882,647
2,000,000
2007
14,352,643
3,403,376
2,000,000
2006
16,104,723
14,075,040
2,000,000
Total
$ 95,458,059
$ 60,641,537
$ 11,909,995

1As of December 31, 2011, final authorization of credits was delayed due to unresolved protests.

Business Activity through 2011

Application
Year
Actual
Investment
Actual
Compensation
Tax Credits
Used
Tax Credits
Expired
2010
$ 8,667,291
$ 10,936,403
$ 1,474,887
$ 0
2009
 8,518,430
 9,803,399
 1,087,160
 0
2008
 31,605,6042
 7,201,2922
 1,635,3722
 0
2007
17,529,894
3,846,107
1,724,0782
0
2006
16,325,229
15,065,667
1,849,3862
47,863
Total
$ 82,646,448
$ 46,852,868
$ 7,775,217
$ 47,863

2Correction to previous Annual Report due to audit adjustments.