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'Begging companies to take unfair advantage': State auditor takes aim at tax incentive programs

Nebraska lost $1.2 billion in tax revenue due to inactive projects receiving incentives, with $295 million in abatements in 2025 alone, risking municipal and university funding, Auditor Foley said.

Summary by KETV
Nebraska State Auditor Mike Foley is scrutinizing the Department of Revenue, saying that millions of dollars in state tax credits are being paid to companies that no longer maintain jobs in Nebraska.

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10/11 News broke the news in on Tuesday, February 17, 2026.
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