Guest Opinion: Extending Microenterprise Tax Credit a show of support for small businesses

JONATHAN HLADIK

Policy director

Center for Rural Affairs

With a nearly-unanimous vote last month, the Nebraska Legislature retained and improved one of the only incentives available to businesses of five or fewer employees.

After a year when many small businesses shuttered and others were forced to pause plans for future growth, the approval of Legislative Bill 366 also sends an important message to microentrepreneurs-the services they provide are a worthy and important part of our state's economy.

Introduced by Sen. Tom Briese, LB 366 makes improvements to the Microenterprise Tax Credit, incl...