Nebraska legislation · 109th Legislature
Nebraska LB851: Change income tax provisions relating to certain income or loss received from S-corporations and limited liability companies
Status: Failed, April 17, 2026
What the bill says
From the introduced text:
One Hundred Ninth Legislature - Second Session - 2026 Introducer's Statement of Intent LB851 Chairperson: Senator R. Brad von Gillern Committee: Revenue The following constitutes the reasons for this bill and the purposes which are sought to be accomplished thereby: LB 851, For taxable years beginning on or after January 1, 2026, residents of Nebraska who are shareholders of multistate corporations having an election under subchapter S of the Internal Revenue Code or who are members of a multistate limited liability company organized pursuant to the Nebraska Uniform Limited Liability Company Act shall include in their Nebraska taxable income, to the extent includable in federal gross income, their proportionate share of such corporation's or limited liability company's federal income. Principal Introducer: ________________________________ Senator George Dungan
Sponsors
- George Dungan (NP, 26) · primary sponsor
Latest actions
- : Indefinitely postponed
- : Notice of hearing for February 18, 2026
- : Referred to Revenue Committee
- : Kauth FA491 filed
- : Date of introduction
Common questions
- What is LB851?
- LB851 is a bill in the Nebraska Legislature (109th Legislature): Change income tax provisions relating to certain income or loss received from S-corporations and limited liability companies.
- What is the status of LB851?
- Failed as of April 17, 2026. Latest action: Indefinitely postponed (April 17, 2026).
- Who sponsored LB851?
- George Dungan (NP, 26).
- Where is the official record for LB851?
- On the Nebraska Legislature website: https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=63100
Source: official Nebraska record. Tracked by Delilah, AI for legislation across all 50 states and Congress.