Population and economic growth in most of these counties has lagged the state averages. All of the counties that lost population are in Nebraska's rural and nonmetropolitan areas.
Businesses can earn State income tax credits by adding new employment and investment.
It can receive an income tax credit equal to five percent of the total compensation paid to its new employees in each of seven consecutive years. On top of that, it can earn an income tax credit equal to ten percent of the qualifying new investment it makes for up to ten years. The earned credits can be used to partly or fully offset State income taxes over a ten-year stretch. A business first makes a written application to the State Tax Commissioner for the credits. The application must show that the business is engaged in qualified activities and outline its plans for achieving the required levels of employment, wages, and investment.