Today is a big day. Even though Speaker Jim Scheer instituted a rule that required all legislation to attain the 33 votes necessary to pass cloture, he is bringing back LB461, which failed to generated this support 11 days ago. LB461 provides little to no property tax relief for home, business, and agricultural property owners […]
Nebraska lawmakers should turn a skeptical eye toward a state tax-cut proposal known as Legislative Bill 461 when the measure is debated Friday. While the dedication by Sen. Jim Smith of Papillion, the Governor’s Office and others who worked to assemble LB 461 deserves respect, parts of the proposal raise major concerns and uncertainties.
For Nebraskans who want property tax reform this week is important. The Nebraska Legislature has been debating a number of tax and education funding measures. On Friday, the Legislature is scheduled to debate LB461, a measure that prioritizes income tax reform and Reform for Nebraska’s Future has announced their opposition to such a measure with […]
quotes Trent Fellers, Executive Director of Reform for Nebraska’s Future — Gov. Pete Ricketts touts this year’s major income tax package as “tax relief for all Nebraskans,” with the highest-percentage cuts going to middle- and low-income taxpayers. That would be true for the first couple of years, if Legislative Bill 461 passed. But a […]
Today, details about Sen. Jim Smith’s latest proposal were reveled in an Omaha World Herald story by Martha Stoddard. Instead of property tax reform, the proposal would actually increase property taxes in order to provide small income tax cuts for the wealthiest of Nebraskans. Yes. You read that correctly. Nebraskans pay the seventh highest property […]
Lincoln, NE – In response to Sen. Jim Smith’s proposal to raid the property tax relief fund to fund income tax cuts, Mark Fahleson, Chairman of Reform for Nebraska’s Future provided the following statement: “Last month Nebraskans packed the halls of the State Capitol to urge the Legislature’s Revenue Committee to advance real property tax […]
Reform for Nebraska’s Future released their legislative report card today, identifying legislation that meets and does not meet our principles for property tax reform. Based off of a recent poll, Nebraskans clearly want Lincoln policymakers to prioritize property tax reform with 62 percent of those surveyed saying that this is THE TOP PRIORITY, but judging […]