Nebraska Advantage Act
Summary of Benefits Approved

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


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Benefit
2008
2009
2010
2011
Total
Tax Credits Earned:
     Investment Credits
     Compensation Credits
          Total Tax Credits Earned

3,235,696
    601,473
$      3,837,169

6,836,892
  2,130,249
$    8,967,141

80,339,969
18,428,923
$  98,768,892

45,880,657
13,460,532
$  59,341,189

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 Refunds
     Real Estate Tax
          Total Tax Credits Used


0
     0
$                      0

308,513
0
             0
$         308,513


0
 136,538
$        136,538

675,775
0
              0
$        812,313


32,818,142
   1,629,162
$  34,447,304

7,168,1022
240,566
                  0
$  41,855,9712


10,940,024
   1,511,100
$  12,451,124

9,218,917
2,324,943
                  0
$  23,994,984


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

17,371,307
2,565,509
                   0
$   66,971,782

Total Tax Credit Correction
$                   0
$                     0
$                     0
$                     0
$                     0
Tax Credits Outstanding1
$      3,528,656
$     8,154,828
$  56,912,9212
$  35,346,205
$ 103,942,610
Qualified Investment
$ 32,356,962
$   69,416,159
$ 811,893,055
$ 465,648,243
$1,379,314,419
Direct Sales/Use Tax Refunds on Investment
$         831,009
$        229,065
$   12,104,716
$   5,523,881
$    18,688,671
Sales/Use Tax Refunds Pending Approval
N/A
N/A
N/A
$     3,230,211
N/A
Recapture Repaid
$                      0
$                     0
$           43,936
$           706,877
$         750,813
Property Tax Benefits
     Personal Property Value Exempted
     Real Property Value Exempted

$      3,925,548
0

$     7,518,087
0

$158,028,247
0

$791,084,367
0

$ 960,556,249
0
New Jobs at Qualifying Projects
269
641
1,950
1,219
4,079

1Credits Outstanding = Credits Earned less Credits Used and Credit Correction
2Correction to last Annual Report due to posting adjustments


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