Nebraska Lawmakers Pass Last Piece of Property Tax Plan

April 13, 2016 04:03 PM
 
Nebraska_Rangeland_Pasture_Forage

Nebraska lawmakers have passed the final piece of a property tax package championed by Gov. Pete Ricketts.

Senators gave the bill final approval on Wednesday with a 47-1 vote.

The legislation by Sen. Mike Gloor of Grand Island is designed to benefit Nebraska's farm and ranch landowners. It would provide an additional $20 million for tax credits to offset local property taxes on agricultural land.

Ricketts identified it as one of his top priorities, even though the governor's original proposal to impose spending controls on local governments was scrapped.

Some lawmakers initially opposed the measure, arguing that it would create budget hardships for the state next year and do little for people who don't work in agriculture.

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Comments

 
Spell Check

Craig
Kearney, NE
4/15/2016 04:17 PM
 

  This tax "reform" does very little to stop the runaway train that is property taxes in NE. We have way too many piggies( read school districts) that suck off the teat of property taxes. Every little town simply can not keep their schools open on the backs of Ag producers. The legislature doesn't have the testicles to force consolidation of schools-which is one way to lessen the burden. Since farmers/ranchers can't pick up and move their operations to a state with a more sane tax situation, the legislature has no pressure on it to make major changes in tax policy. Thus we are consigned to wage this constant battle year after year, with little to nothing changing. Too many like someone else paying for the things that they want for much change to occur.

 
 
PullMyFinger
Chappell, NE
4/15/2016 09:23 AM
 

  If you can read this thank the farmer that paid for your education. Shutter the schools until this burden is shared.

 
 
Zorcon
Western, NE
4/15/2016 09:17 AM
 

  This is a band aid. First and foremost, the legislature and governor need to fix the school finance formula. That would correct the problem for all property owners. Public K-12 schools need to be financed with a combination of sales taxes, income taxes, lottery revenue and finally property taxes. Income taxes cannot continue to be lowered. That in itself directly shifts the funding burden for everything to property owners. Someone in the legislature needs to have the balls to tackle this problem!!! The current legislators do not have the fortitude to take on TEEOSA.

 
 

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