Nebraska Advantage Act
Benefits Approved by Industry

Cumulative (2008-2011)

as corrected November 28, 2012
(corrected numbers are in red)


Benefit
Manufacturing
Non-manufacturing
Total
Tax Credits Earned:
    Investment Credits
    Compensation Credits
        Total Credits Earned
  
67,441,365
    10,319,322
$ 77,760,687
  
68,851,849
    24,301,855
$ 93,153,704
  
136,293,214
      34,621,177
$ 170,914,391
Tax Credits Used:
    Corporate Income Tax
     Individual Income Tax
        Subtotal Income Tax

    Payroll Withholding Offset
    Sales/Use Tax Refund
    Real Estate Tax Reimbursement
        Total Tax Credits Used

  
2,633,166
    1,330,635
$ 3,963,801

5,710,740
2,023,499
                    0
$ 11,698,041

 
41,125,000
      1,946,165
$ 43,071,165

11,660,567
542,010

                    0
$ 55,273,742

  
43,758,166
      3,276,800
$ 47,034,966

17,371,307
2,565,509

                    0
$ 66,971,782

Tax Credit Corrections
$ 0
$ 0
$ 0
Tax Credits Outstanding1
$ 66,062,646
$ 37,879,962

$ 103,942,609

Qualified Investment
$ 689,316,967
$ 689,997,452
$ 1,379,314,419
Direct Sales/Use Tax Refunds on Investment
$ 8,776,745
$ 9,911,925
$ 18,688,670
Recapture Repaid
$ 697,457
$ 31,381
$ 728,838
Property Tax Benefits:
     Personal Property Value Exempted
     Real Property Value Exempted
  
$ 819,521,955
$ 0
  
$ 141,034,294
$ 0
  
$ 960,556,249
$ 0
New Jobs at Qualifying Projects
1,413
2,666
4,079
Estimated Average Salary of New Jobs
$ 38,910
$ 43,266
$ 41,757

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