LINCOLN - The push for property tax relief still has a heartbeat, despite estimates delivered Tuesday that Nebraska will see a quarter-billion-dollar loss in state tax revenue from federal tax changes enacted because of the coronavirus.

The leader of the push, State Sen. Lou Ann Linehan of Elkhorn, said that nothing else will be accomplished in the remaining 17 days of the 2020 state legislative session unless a property tax bill is passed.

The senator, who chairs the tax policy-setting Revenue Committee, spoke after state revenue officials delivered some sobering news: Nebraska can expect to see a loss of $250 million in state tax revenue over the next three years because of federal tax changes instituted as part of the CARES Act, enacted by Congress to provide relief from the economic gut punch delivered by the pandemic. That includes about a $126 million loss in the next fiscal year.

Linehan said she thinks she has a path to get a property tax relief bill passed this year, but acknowledged, “I haven’t convinced enough people yet.”

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