Nebraska legislation · 109th Legislature
Nebraska LB643: Prohibit income tax deductions relating to interest or taxes paid on or maintenance of certain properties and provide exemptions to prohibited deductions
Status: Failed, April 17, 2026
What the bill says
From the introduced text:
One Hundred Ninth Legislature - First Session - 2025 Introducer's Statement of Intent LB643 Chairperson: Senator R. Brad von Gillern Committee: Revenue Date of Hearing: March 26, 2025 The following constitutes the reasons for this bill and the purposes which are sought to be accomplished thereby: LB 643 addresses the issue of increased investor-owned housing in Nebraska and attempts to increase owneroccupied housing instead. LB 643 would remove the tax advantage investor-owned housing has over owneroccupied housing for companies that own over 30 properties. Principal Introducer: ________________________________ Senator Jason Prokop
Sponsors
- Jason Prokop (NP, 27) · primary sponsor
Latest actions
- : Indefinitely postponed
- : Title printed. Carryover bill
- : Notice of hearing for March 26, 2025
- : Referred to Revenue Committee
- : Date of introduction
Common questions
- What is LB643?
- LB643 is a bill in the Nebraska Legislature (109th Legislature): Prohibit income tax deductions relating to interest or taxes paid on or maintenance of certain properties and provide exemptions to prohibited deductions.
- What is the status of LB643?
- Failed as of April 17, 2026. Latest action: Indefinitely postponed (April 17, 2026).
- Who sponsored LB643?
- Jason Prokop (NP, 27).
- Where is the official record for LB643?
- On the Nebraska Legislature website: https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=59613
Source: official Nebraska record. Tracked by Delilah, AI for legislation across all 50 states and Congress.