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Nebraska's September tax revenue missed projections by $47 million, mainly due to lower corporate taxes from accelerated tax credits.
Nebraska’s September tax receipts fell $47 million below projections, primarily due to corporate income taxes coming in 31% lower than expected, partly from accelerated use of ImagiNE Act tax credits.
Despite earlier gains in July and August, total fiscal year 2025-26 receipts remain $15 million below forecast.
Miscellaneous taxes surged 365% above expectations, but analysts attribute this to timing, not policy changes.
The Economic Forecasting Advisory Board will review the data, along with early October estimates and the $216 million cost of the new “One Big Beautiful Bill,” in its October 31 deficit update.
Officials say the overall fiscal situation remains stable.
Los ingresos fiscales de septiembre de Nebraska no alcanzaron las proyecciones en $ 47 millones, principalmente debido a los impuestos corporativos más bajos de los créditos fiscales acelerados.