Briese explains property tax relief bill
August 27, 2020
The current legislative session officially concluded on day 60, which was Thursday, Aug. 13. We concluded the session by hearing remarks from the six term limited and outgoing senators and passing several bills through final reading.
One bill we passed was LB 1107, a comprehensive package of property tax relief and business incentives.
The focus on property tax reform this past session began as the Revenue Committee’s LB 974. It was a combination of foundation aid for all school districts in Nebraska, valuation decreases for all property owners and restrictions on school spending and property...
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