LINCOLN- The basic goal of Gov. Pillen's property tax plan is simple: provide Nebraskans with a bigger break on their local property taxes by shifting money from state revenues, which are currently seeing an all-time high. However, the proposals advanced by Gov. Pillen and several Nebraska lawmakers to attain this goal are anything but simple.

Several proposals which will move Nebraska toward this property tax goal are exceedingly complex, and deal with property tax credits, income tax credits, school aid, and changes in local taxing authority. This complexity makes it particularly difficult for taxpayers to figure out how these efforts might affect them.

Many of the proposals' futures would depend entirely on whether the state continues its commitment to pay for the increased aid. In the past, efforts to bolster state aid have been scaled back during years when state revenues falter, leading to a great deal of uncertainty. However, one proposal would set aside $1 billion in a special fund to prepay the new state aid, but the state would still need to add consistent funding to keep up this commitment.

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