02/05/2026
SAY NO to eliminating the Nebraska Historic Tax Credit. 📣
There are so many reasons why eliminating this credit would be a net negative for Nebraska, especially for small towns, rural communities, and underrepresented communities.
But here’s the part that’s getting lost: eliminating this credit does NOT fix the budget deficit.
This money is not sitting in a pot waiting to be spent.
Historic tax credits only come into play after a project happens, after private dollars are invested, jobs are created, buildings are saved, and communities are revitalized. It’s a performance-based incentive, not a handout.
Cutting this credit won’t magically free up cash. What it will do is stall redevelopment, hurt small communities, and discourage private investment across the state.
Don’t be fooled, this would be a major misstep with long-lasting consequences for Nebraska’s economy, history, and future.
Gov. Pillen proposes ending credit that helped renovate Omaha's Cottonwood Hotel and hundreds of other historic buildings