LB 387: The Small Business Innovation Act

  • Legislators OK Angel Investment Tax Credit, other startup incentives

    A pair of bills of particular interest to the local startup scene passed final reading in the Nebraska unicameral on Wednesday. Legislators approved the Angel Investment Tax-Credit Act and the Business Innovation Act as well as a couple of other bills with implications for entrepreneurs. The Angel Investment Act (LB389) gives 35-percent (40 in distressed…