Nebraska Bill To Discourage Property Tax Windfalls Advances

A bill that would make it harder for local governments to collect a property tax windfall when home and land values rise has won first-round approval from Nebraska lawmakers.

Senators advanced the measure Monday on a 35-1 vote.

The proposal by Sen. Lou Ann Linehan, of Omaha, would automatically lower property tax levies to adjust for any increase in valuations so that local governments collect the same total amount of money as the previous year.

Linehan says it’s designed to prevent counties, school districts and other governments from misleading the public when they boast about not raising levies. In many of those cases, property owners still end up paying more because valuations have risen.

Local governments would have to hold a public hearing and vote to raise the levies.

SHARE

RELATED CONTENT

Fifth Case of Rare AFM Diagnosed in Douglas County Post-Winter Storm Street Conditions Community Blood Bank in Need of Donations Sheriff’s Deputy Arrested for Sexual Assault Omaha Shooter Dead By Self-Inflicted Wound Man Wanted On Warrants Caught With Illegal Drugs, Paraphernalia