BILL INTRODUCED TO PLUG ‘MISSING YEAR’ OF NEBRASKA PROPERTY TAX RELIEF

LINCOLN — Lawmakers have formally introduced a “fix” to Nebraska’s summer special session changes to a key property tax relief program, which closed off some tax relief for Nebraskans.

State Sen. Brian Hardin of Gering introduced Legislative Bill 81 on Thursday, a promise he and five other lawmakers made in October. The legislation would allow all Nebraskans to claim a credit on any property taxes paid in 2024 when they file their tax returns this spring, in the middle of the 90-day legislative session. The aim is to make whole the people who missed out on claiming an income tax credit for property taxes assessed in December 2023.

LB 81 would offer a one-time extension for the income tax credit program established in 2020 and designed to offset K-12 school taxes, which comprise most local property taxes.

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