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$9 Minimum Wage, Tax Breaks to Go Into Effect in 2016

minimum-wageLINCOLN, Neb. (AP) — Nebraska residents earning the minimum wage will get a raise to $9 an hour when the new year begins, and farmers, businesses and zoos will get new tax breaks.

Eight state laws passed during this year’s legislative session will go into effect on Friday, as well as the final phase of the minimum wage ballot measure approved by voters in November 2014.

Among the new laws is a property tax exemption aimed at the Woodmen of the World Insurance Society in Omaha and a sales tax break for Omaha’s Henry Doorly Zoo, the Lincoln Children’s Zoo and the Riverside Discovery Center in Scottsbluff.

Farmers and business owners will also be able to claim exemptions on tangible personal property, such as farm equipment and factory machines.

 

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