Taxes
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The transition from summer to fall is a busy time in the Cornhusker State. As farmers prepare for harvest and the new football and volleyball seasons arrive, parents and students are gearing up to go back to school and teachers are working hard for the start of a new semester.
Washington, DC — Today Representatives Adrian Smith (R-NE), Jimmy Panetta (D-CA), and Guy Reschenthaler (R-PA) announced the introduction of the bipartisan Critical Minerals Investment Tax Modernization Act. The legislation would expand tax relief to support production of certain critical minerals important to national and economic security.
Drafting a historic piece of legislation like the One Big Beautiful Bill Act (H.R. 1) doesn’t happen overnight. In fact, House Republicans spent months, and even years, identifying critical needs and developing the best product possible for hardworking American families.
This week, during a roundtable hosted by Western Sugar Cooperative, I met with representatives across several agricultural sectors from the Third District. I am grateful each time I’m able to connect with and thank the dedicated producers at the origination of the supply chains stocking our grocery stores, pantries, restaurants, fuel pumps, and more.
Washington, DC — Today Congressman Adrian Smith (R-NE) issued the following statement after the House passed the Senate amendment to H.R. 1, sending the One Big Beautiful Bill Act to President Trump's desk for signing into law.
For workers and entrepreneurs, few places are as ripe with economic opportunity as the United States of America.
For many Americans filing taxes can be painstaking and time-consuming. Poor customer service and outdated technology systems at the IRS contribute to a lack of transparency and threaten to turn the process into a dreaded ritual every tax season. Streamlining the process to empower Americans to more easily file their taxes is an important goal.
This week our nation marked 163 years since the signing of the Homestead Act, legislation enacted by President Lincoln which played a key role in the development of farmland across Nebraska and rural America. Through perseverance, resourcefulness, and sacrifice, the Third District became a global breadbasket, and today, agriculture remains the economic driver of our state.
Washington, DC — Today Congressman Adrian Smith (R-NE) released the following statement after the House of Representatives passed, with his support, a legislative package to advance President Trump's priorities to enact tax relief, secure the border, promote energy abundance, and expand economic growth.
This week, several House committees took significant steps to advance our legislative package to enact President Trump’s top policy priorities.