A bill providing property tax relief through an income tax credit has been introduced in the Nebraska Unicameral.
Under the bill, introduced by Senator Steve Erdman of Bayard, taxpayers would receive a refundable tax credit equal to 50 percent of the school district taxes levied on their property. Erdman says if the legislature fails to act on the measure in this session, a ballot initiative will be launched to accomplish the same goal.
Continue reading Nebraska Farm Bureau supports property tax relief bill at Brownfield Ag News.
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