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Child tax credit bill LB157 gains proponent support from policy researchers

2712599 · March 19, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

LB157 would create a refundable state child tax credit for children age six and younger beginning in tax year 2026. Testimony cited national evidence on poverty reduction and state models; committee received significant written support and no in‑person opponents at the hearing.

Senator George Dungan opened the Revenue Committee hearing on LB157 on behalf of Senator Danielle Conrad, explaining the bill would create a refundable child tax credit for qualifying children age 6 and younger beginning in tax year 2026. Under the proposal, the credit would be $1,000 per qualifying child (with phaseouts by adjusted gross income and inflation adjustments beginning in 2027). The bill also shields the refund from garnishment in bankruptcy or money-judgment collection.

Joey Adler Ruane,…

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