Nebraska Governor Pete Ricketts unveiled a 9-point-3(B)Billion-dollar two-year state budget during his state-of-the-state address to the Unicameral.
Ricketts told lawmakers his budget proposes three-percent growth in the General Fund, acknowledging that the state economy continues to suffer from an agricultural economy which has yet to rebound. . .

Ricketts set aside major property tax relief as he has in the past, instead proposing more money for the property tax relief fund and a cap on how much local governments can increase property tax rates.
Still, Ricketts says he’s willing to listen to legislators on their proposals to reduce the burden of property taxes.

Ricketts recommends the legislature establish a floor of 275-Million dollars for the Property Tax Credit Relief Fund. He also wants a constitutional amendment which would prohibit local governments from raising property taxes higher than three percent.