The Nebraska Legislature’s Revenue Committee has advanced out of committee, LB 974 and sent it on for floor debate on the Unicameral. The measure calling for property tax relief is supported by the Nebraska Cattlemen Association. Director of Government Affairs for the Cattlemen, Ashley Kohls says there is momentum building for passage of this measure.

She says one of the important components of the bill calls for agricultural land to drop to 55 percent of actual value down from the current 75 percent. Kohls says it also calls for properly funding education.

Kohls says LB 974 doesn’t call for raising any other taxes but gets its funding from budget surpluses.

The bill sponsored by Revenue Committee Chair Lou Ann Linehan of Elkhorn passed on a 6 to 2 vote in committee.