Financing Sources

Farm Service Agency (FSA) Loans – scroll through this list to learn about various FSA loans.

National Farm Transition Network – programs that foster the next generation of farmers and ranchers.

Nebraska Rural Development – assists Nebraskans in accessing USDA financing programs.

Incentives

In 2006, Nebraska’s tax law was updated by LB 990 – passed by the Nebraska Legislature and signed into law by Governor Dave Heineman. LB 990 added two important financial incentives for livestock operations, including dairies:

Qualified livestock production projects are eligible for $2,750 for each $50,000 in net investment, as well as $3,000 for each new full-time employee.

Qualified livestock modernization projects are eligible for credits worth 10percent of the net investment (credits limited to $30,000 per operation). Livestock modernization includes projects that involve depreciable buildings, facilities, and equipment, other than motor vehicles, planes, and railroad rolling stock.
For more information about Nebraska incentives, contact:

Mary Hugo, Economic Incentive Manager
Nebraska Department of Revenue
Phone: (402) 471-5790
Fax: (402) 471-5767
mary.hugo@nebraska.gov
www.revenue.ne.gov