On 13 April 2022, the governor of the U.S. State of Nebraska signed Legislative Bill (LB) 873 into law. According to a release on the signing, "LB 873 is the biggest tax relief package in state history". This includes business income tax relief in the form of a phased reduction of the top tax rate as follows:

• For taxable years beginning or deemed to begin on or after 1 January 2022, and befo…