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Nebraska Lawmakers Outline Grand Compromise Property Tax Relief Plan

Nebraska Lawmakers Outline Grand Compromise Property Tax Relief Plan

Photo: WNAX


Time is winding down for the remaining few days of the Nebraska’s Legislature’s 2020 session and a group known as the Super 7 Senators have come up with their property tax relief plan. State Farmers Union President John Hansen says the relief they’re looking at is minimal but likely the only relief farmers and ranchers and others will get. He says the current $275 million in the property tax credit fund will stay there with possibly more money added if they can add gambling revenue later on.

He says the key question State Senators will have to answer on this plan is how to pay for it in the long run.

Hansen says having this property tax relief should Senators give final approval to it is better than nothing but the concern remains on how they’ll fund it.

State Senators will need to work quickly as there are only five days left in the 2020 session.

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