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Ricketts: The property tax treadmill


This legislative session, Senators can take the next step towards solving Nebraska’s high property tax problem. Rising property taxes not only burden family farmers and ranchers, but they drive away businesses and prevent families from achieving the American dream of home ownership.
Since taking office, my top priority has been property tax relief. The Legislature and I have worked together to deliver $2 billion in property tax relief since 2015. Last year, we successfully enacted landmark property tax relief legislation with LB 1107, which will deliver an additional $375 million in annual property tax relief when fully implemented. The two-year budget I’ve proposed to the Unicameral would make use of this new legislation to deliver more than $1.36 billion in additional relief to Nebraskans. ....

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