€ One Hundred Ninth Legislature - First Session - 2025 Introducer€s Statement of Intent LB495 € Chairperson: Senator R. Brad von Gillern Committee: Revenue Date of Hearing: February 26, 2025 € The following constitutes the reasons for this bill and the purposes which are sought to be accomplished thereby: LB495 removes community colleges from the requirement of the Property Tax Request Act. € With the state taking over funding of community colleges operating budgets and removing the ability of community colleges to levy property taxes, the Property Tax Request Act does not need to apply to them anymore. €€ € Principal Introducer:________________________________ Senator Ben Hansen - 1 -