Nebraska 2024 2024 1st Special Session

Nebraska Legislature Bill LB64 Comm Sub / Analysis

Filed 07/31/2024

                    One Hundred Eighth Legislature - First Special Session - 2024
Introducer€s Statement of Intent
LB64
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Chairperson: Senator Lou Ann Linehan
Committee: Revenue
Date of Hearing: August 02, 2024
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The following constitutes the reasons for this bill and the purposes which are sought to be
accomplished thereby:
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LB 64 will establish a property tax relief program, which may include modifications to
state educational aid or the creation of tax credits, to reduce property tax revenue collected
for schools and take any steps necessary to ensure that any such program which requires a
constitutional amendment be printed on the November 2024 ballot, or as soon as possible
thereafter.€
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Principal Introducer:________________________________
Senator Justin Wayne
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