6 Nebraska senators request legislature amendment to restore 2023 property tax credit and propose 2025 bill for 2024 relief with $560m cost.

Six Nebraska senators are urging the state Legislature to amend property tax relief legislation passed during the summer, which they argue unintentionally eliminated the 2023 tax credit for many residents. They propose introducing a bill in 2025 to rectify this issue, addressing a "missing year" of relief for 2024 property taxes. The proposed fix could cost $560 million, but some lawmakers dispute this figure, calling it foregone revenue.

October 18, 2024
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