Agricultural Economics Department


Date of this Version

February 2004


Published in Cornhusker Economics, 02/18/2004. Produced by the Cooperative Extension, Institute of Agriculture and Natural Resources, Department of Agricultural Economics, University of Nebraska–Lincoln.


Passed by the Nebraska Unicameral in 1987, LB775 is a bill that was triggered by pressure to keep ConAgra from leaving the state. It offers income tax credits, sales tax refunds and property tax exemptions to companies who make investments that meet minimum levels of investment and employment. Such projects must be approved in advance by the State Department of Revenue.