The Nebraska Legislature’s Tax Modernization Committee has finished its work and issued a report on their findings. State Farm Bureau President Steve Nelson sees some good coming out of the report. He says broadening one tax while lowering the taxable value of agricultural land are two of the primary positives.
Nelson says it’s clear the committee heard loud and clearly from several groups including Farm Bureau that there’s a definite need for property tax reform. He says that’s something his group will join other organizations in to lobby the Unicameral in January to follow suit with.
He says Farm Bureau will also encourage the legislature to consider growing its investment in the property tax credit program which provides direct, unfiltered relief to those who pay property taxes.