Nebraska legislature debates property tax relief bill

Nebraska legislature debates property tax relief bill

Nebraska State Senator Tom Briese of Albion, speaking in favor of LB 289 on the floor of the Nebraska Unicameral.

The rural-urban divide in Nebraska was on full display Tuesday as lawmakers began first round consideration of LB 289.

The bill tackles the state’s overreliance on property taxes to fund schools by replacing those dollars with new sources of revenue, including elimination of numerous service-based sales tax exemptions and increasing the state’s sales tax rate by one-half cent, among other items.

Continue reading Nebraska legislature debates property tax relief bill at Brownfield Ag News.