LINCOLN- Last Friday, Nebraska lawmakers rejected an amendment made to LB243 that would have given tax credits to renters as part of a major property tax relief package. LB243, introduced by Sen. Tom Briese, combines several measures that would provide property owners with more than $3 billion worth of property tax relief over the next six years.
The amendment was introduced by Sen. Megan Hunt, and sought to offer renters in Nebraska a chunk of that staggering property tax relief. Briese argued in debate on Friday that the property tax package addresses the biggest concern for most Nebraska taxpayers, and that it would help balance the state's tax system.
LB243 went on to pass on a 41-1 vote. The Revenue Committee was working on the bill to ensure both rural and urban senators get equal relief. Rural senators want more money spent on property tax relief. Urban senators are pushing for more income tax cuts and credits. “Many, many hours have been dedicated to Gov. Pillen’s package,” said Sen. Lou Ann Linehan, before adding “Any changes would be problematic.”
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