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Jan. 7, 2019Lincoln, NE |  By: AP

NE governor proposes tax exemption to retired military

Nebraska Gov. Pete Ricketts is proposing a tax exemption
on military retirement pay in an effort to keep retirees from leaving the state.

Ricketts announced Friday that he will propose a bill to exempt half of the
benefits paid to all military retirees. The measure would apply to an estimated
14,000 retirees in Nebraska and cost the state an estimated $15 million in lost
revenue.

Ricketts says the bill is intended to replace a "clunky" state law that only
provides a tax benefit to a smaller subset of military retirees.

Sen. Tom Brewer, of Gordon, will introduce the bill. Sen. Carol Blood, of
Bellevue, who represents a large number of Offutt Air Force Base retirees, says
many are moving to nearby Council Bluffs, Iowa, where they pay less in taxes.