Gov. Ricketts Signs Legislation for Military Retirement Pay Tax Relief

LINCOLN – On Tuesday, May 25, Governor Pete Ricketts signed Legislative Bill (LB) 387 into law, allowing 100% of military retirement pay to be exempted from Nebraska income tax starting January 1, 2022. The bill was sponsored by Senator Tom Brewer of Gordon at the request of Gov. Ricketts and prioritized by Senator Tim Gragert of Creighton. It passed final reading with a 47-0 vote.

“This is a great win for our state, for Nebraska’s job creators, and for military families looking to put down roots in Nebraska,” said Gov. Ricketts. “Thank you to the Legislature for building on our previous work...