Adopt the Recreational Trail Easement Property Tax Exemption Act and change provisions relating to the filing of statements of recorded easements and property tax exemptions

This bill creates a property tax exemption for Nebraska landowners who place perpetual recreational trail easements on their land. The exemption provides $0.10 per square foot annually for qualifying easements that grant public nonmotorized access (such as walking, hiking, or biking) and connect to existing or planned trails. To qualify, easements must be held by eligible entities like municipalities, accredited land trusts, or specific nonprofits focused on public access and conservation, and landowners must apply through the Department of Revenue with proof of the recorded easement. The bill also updates filing procedures for easement documentation to support this tax program.