The resolution calls for an interim study to assess the impact of Nebraska's tax incentive programs, specifically the Nebraska Advantage Act and the ImagiNE Nebraska Act. The study aims to evaluate these programs in terms of their effectiveness on the state's economy, communities, and various business sectors, as well as their influence on tax revenues and the budgeting process. Key areas of focus will include the impact on state revenue, the utilization of tax credits, the effectiveness in promoting business and employment growth, and the development of a sustainable economic strategy for Nebraska.

The Revenue Committee of the Nebraska Legislature is tasked with conducting this study, which will involve consultations with state agencies, other legislative committees, and stakeholders from the business and economic development sectors. Upon completion, the committee is required to report its findings and recommendations to the Legislative Council or the Legislature.