Nebraska Governor Pete Ricketts is pleased with the $8.6 billion spending plan for the next two years. He says it will keep state revenue growth to around three percent while adding more than $60 million a year to the state Property Tax Credit Relief Fund.

Yet, the legislature failed to move on one of Ricketts’ key proposals: lowering the percentage at which agricultural land is assessed from the current 75-percent of market value to 65-percent.
Ricketts says that would provide structural property tax change.

Ricketts made no line-item vetoes to the budget.