ONE HUNDRED NINTH LEGISLATURE - FIRST SESSION - 2025 COMMITTEE STATEMENT LB399 Hearing Date: Thursday February 20, 2025 Committee On: Revenue Introducer: Wordekemper One Liner: Change provisions relating to property tax rates and qualifications for certain distributions under the Mutual Finance Assistance Act Roll Call Vote - Final Committee Action: Advanced to General File Vote Results: Aye: 8 Senators Bostar, Dungan, Ibach, Jacobson, Kauth, Murman, Sorrentino, von Gillern Nay: Absent: Present Not Voting: Testimony: Proponents: Representing: Senator Dave Wordekemper Opening Presenter Kevin Edwards Millard and Papillion Fire Districts Jerry Stilmock Nebraska State Volunteer Firefighters Association, Nebraska Fire Chiefs Association Opponents: Representing: Neutral: Representing: * ADA Accommodation Written Testimony Summary of purpose and/or changes: LB 399 amends the Mutual Finance Assistance Act. The bill amends Neb. Rev. Stat. §35-1204 to eliminate obsolete language relating to passage of LB 1130 in 2020. The bill also amends Neb. Rev. Stat. § 35-1205 to reduce the amount of the assumed county population required for a rural or suburban fire protection district or a mutual finance organization to receive a distribution from the Mutual Finance Assistance Fund from at least eighty percent (80%) of such assumed county population to at least sixty percent (60%) of such assumed county population. LB 399 has an operative date of October 1, 2025. Committee Statement: LB399 Revenue Committee Page 1 31432a5f9d819f47bb1bd8398c7d6e66 R. Brad von Gillern, Chairperson Committee Statement: LB399 Revenue Committee Page 2 31432a5f9d819f47bb1bd8398c7d6e66