Property tax relief bills defeated
May 13, 2021
Two major pieces of legislation that would have provided property tax relief were defeated this past week. Generally, I am supportive of proposals that attempt to lower property taxes.
LR 11, introduced by Bayard Senator Steve Erdman, is a constitutional amendment proposing to replace all taxation with a consumption tax on the purchase of services and new goods. Nebraska residents would no longer pay property taxes, income taxes, sales and use taxes, inheritance taxes, or estate taxes. LR 11 was advanced from the Revenue Committee on a 6-2 vote and was prioritized by Senator Erdman.