LINCOLN- Residents of rural school districts would see an additional property tax cut under LB454, a proposal advanced to the full Legislature on Wednesday. Another bill that pairs a long-sought-after tax credit for donations to private school scholarships with a proposal that would grant similar tax credits for contributions to early childhood education programs. After approval by the state lawmakers, the bills will be sent to Gov. Ricketts who is a supporter of tax cuts and has room in his budget for tax credits for donations to private and parochial school scholarships.

LB454 would provide $65 million in extra state 'stabilization' aid to 170 mostly rural school districts that do not currently receive aid. The amount would grow to $167 million after four years. The goal of Sen. Curt Friesen, the introducer of the bill, said his goal is to reduce property taxes in rural districts where property taxes almost exclusively fund education.

"If we properly funded K-12 education, we wouldn't need this bill," he said.

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