skip to main content
skip to newscasts

Monday, February 17, 2025

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

At Least 11 Dead After Severe Flooding Sweeps The South; Hundreds Of Thousands Without Power; Abandoned Mine Land program frozen as Appalachia faces severe flooding; Solar power gives MN resort new blood, new life.

view newscast page
play newscast audioPlay

Top Trump officials set to meet with Russian officials in Saudi Arabia over the Ukraine war. The GOP budget resolution is at risk as moderates weigh out consequences. New York City Mayor Eric Adams says he's "going nowhere."

view newscast page
play newscast audioPlay

Rural America struggles with opioids and homelessness in unexpected ways, Colorado's Lariat Ditch could help spur local recreation, and book deliveries revive rural communities hit by Hurricane Helene.

NE Lawmakers Consider Dropping Tax on Social Security Income

play audio
Play

Monday, February 14, 2022   

A bill designed to eliminate state taxes on Social Security benefits by 2025 is making headway in the Nebraska Legislature.

Sen. Brett Lindstrom, R-Omaha, introduced LB 825 and pointed out that states such as Florida and Texas are a lot warmer in the winter, and do not tax Social Security benefits. He said he sees the measure as an important step to keep retirees in Nebraska.

"Not only are they engaged in community service, philanthropy, they want to stick around with their kids and grandkids," said Lindstrom. "And I don't want it to be where the state is burdensome from a taxation standpoint to force them out to other states that don't have that."

Nebraska is one of only 12 states that currently taxes Social Security benefits. Last year after some lawmakers voiced concerns about lost revenues, they approved cutting taxes on benefits by just half by 2025.

The new law would eliminate the tax altogether in the same timeframe. LB 825 cleared its first reading with a 42 to nothing vote, and will need to clear the Appropriations Committee before it can get a final reading.

Lindstrom said the state can afford to put money back into the pockets of Social Security beneficiaries, because government spending has been held near the average rate of inflation. He added that economic forecasts are strong based on revenues over the last 12 to 18 months.

"And we have $400 million plus in revenues above that forecasting," said Lindstrom. "And because we have been prudent with how we spend, it allows us to take the steps to eliminate the tax on Social Security income."

Nebraskans age 50 and older made up just 34% of Nebraska's population in 2018 but supported 566,000 jobs across the state and generated $33 billion in wages and salaries, according to analysis by AARP.

Older Nebraskans also contributed more than $2 billion in unpaid caregiving for family members.

Support for this reporting was provided by the Carnegie Corporation of New York.




get more stories like this via email
more stories
Data from Penn Medicine finds as of January 2024, more than 30,000 people in the U.S. have received CAR T-cell therapy since it was approved for use in 2017. (Roswell Park Comprehensive Cancer Center)

Health and Wellness

play sound

Some New York doctors are working on new ways to treat advanced cancers. Chimeric Antigen Receptor, or CAR, T-cell therapy treats certain blood …


Health and Wellness

play sound

The incidence of drug overdose is decreasing in Indiana and one reason could be the efforts of an organization offering free training to anyone willin…

Social Issues

play sound

By Kim Kobersmith for The Daily Yonder.Broadcast version by Brett Peveto for South Carolina News Service for the Daily Yonder-Public News Service Coll…


More than 48% of Wyoming is public land, owned and managed by the federal government on behalf of U.S. residents. Several state bills this session were written to try to decrease the percentage. (Adobe Stock)

Environment

play sound

Wyoming is one of several Western states where some lawmakers arguing states should have more control of the federally managed public lands within the…

Environment

play sound

By S.E. Smith for Yes! Magazine.Broadcast version by Suzanne Potter for California News Service reporting for the Yes! Magazine-Public News Service …

A home burns in a Los Angeles neighborhood during recent wind-driven wildfires spreading throughout several Southern California communities. (Adobe Stock)

Environment

play sound

By Amy McDermott for the Proceedings of the National Academy of Science.Broadcast version by Mark Richardson for for California News Service reporting…

Social Issues

play sound

February is Library Lovers Month - and libraries across the Commonwealth are encouraging their long-time and new patrons to celebrate. Lisa Varga…

Social Issues

play sound

According to the Immigration Policy Tracking Project, the Trump administration has taken 130 actions on immigration so far this term. Groups in …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021