News

Nebraska Cattlemen Respond To Tax Reform Bill

Nebraska Cattlemen Respond To Tax Reform Bill

Photo: WNAX


Nebraska Governor Pete Ricketts signed into law on Wednesday LB873, a property and income tax reform bill amounting to more than one billion dollars.  The Nebraska Cattlemen’s Association played a major role in helping write the passed legislation. Brenda Masek  is the president of the Nebraska Cattlemen’s Association.

Masek says the tax reform bill was given a boost from the passage of another tax reform measure from 2020.

Masek says the legislature lifted the financial ceiling which won broader support with cattle producers and other state agriculture groups.

The leader of the cattle producers says the tax reform bill also reduces the amount of tax dollars that were directed to the state’s community colleges. Something that cattle producers had advocated.

Recent Headlines

3 weeks ago in Local

WHAT DOES MARIJUANA RECLASSIFICATION MEAN FOR SOUTH DAKOTA?

SIOUX FALLS, S.D. (Dakota News Now) – President Trump’s executive order to reschedule marijuana from a Schedule 1 to a…

3 weeks ago in Local

GOVERNOR RHODEN ANNOUNCES $200,000 GRANT SUPPORTING KEEP FARMERS FARMING PROGRAM

SIOUX FALLS, S.D. (Dakota News Now) – On Monday, Governor Rhoden announced a $200,000 grant from the Future Fund for…

3 weeks ago in Local

ICE’S YEAR IN SOUTH DAKOTA, FROM SMALL TOWNS TO OPERATION: PRAIRIE THUNDER

SOUTH DAKOTA (Molly Wetsch / South Dakota News Watch) – Five months after Operation: Prairie Thunder officially began, the South Dakota…

4 weeks ago in Local

SOUTH DAKOTA STATE ECONOMIST SAYS FARM ECONOMY HAS HELD BACK SALES TAX REVENUES

SIOUX FALLS, S.D. (Joshua Haiar / South Dakota Searchlight) – South Dakota’s State Economist Derek Johnson told the state Banking…

4 weeks ago in Local

STATE SPENDS $43,000 IN TROOPER OVERTIME FOR OPERATION PRAIRIE THUNDER

PIERRE, S.D. (John Hult / South Dakota Searchlight) – The South Dakota Department of Public Safety says a saturation patrol…