LINCOLN — Nebraska plans to send more than 700,000 tax relief notices to property owners across the state.
It’s all part of a plan from Governor Ricketts, Speaker of the Legislature Galen Hadley and the rest of the state government to look for a solution to the property tax issue in this state.
“This problem didn’t happen over night, the solution won’t happen over night,” Speaker Hadley reminds. “But, we hear the people out their that want us to continue to work on finding that solution.”
Ricketts and the legislature approved a $408 million package for the Nebraska property tax credit fund that would offset what land owners pay.
Rising land valuations have led to confusion and frustration from Nebraskans about their tax situation. The legislature has made it a priority for next year’s session, while many in local governments and schools say effort to reduce taxes at the state level only adds burdens to small government.