CONSTITUTIONAL AMENDMENT REVIVED ON OWNER-OCCUPIED PROPERTY VALUATIONS

LINCOLN — It’s too soon to tell whether Nebraska voters can weigh in this fall on a constitutional amendment that would let future Legislatures set the valuations of owner-occupied residential properties differently from commercial.

But Gov. Jim Pillen’s office expressed openness to the idea, in response to a reporter’s question, and legislative leaders who had been searching for more pathways to property tax relief embraced the approach as giving the Legislature a future “tool” in its property-tax cutting toolbox.

If eventually approved by voters, the measure, proposed by State Sen. Tom Brandt of Plymouth, would eliminate a section of the state constitution that requires uniformity in how the state values residential and commercial properties.

Lawmakers cast aside colleagues’ questions about whether it was too late in an election year and wrong under their rules to revive the proposed amendment on residential valuations. Legislative Resolution 2CA advanced 32-14. Senators met on Saturday to consider the measure on Select File, eventually bracketing the measure until Monday, August 19th. LR2CA would be available for further consideration by the body on Tuesday, though the time remaining in the special session is quickly running out.

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