This bill proposes a constitutional amendment that would allow individuals to sue political subdivisions, such as cities or counties, if they increase their spending beyond a specific limit without voter approval. The spending limit is calculated based on the rate of inflation plus the percentage change in the subdivision's population from the previous year. To prevent such increases, the amendment requires that any spending above this threshold must be approved by voters at a November general election. If the amendment passes, it creates a legal mechanism for citizens to challenge unauthorized spending hikes in court.
This bill proposes to amend the Nebraska Property Tax Incentive Act to update how tax credits are calculated for school district taxes paid by eligible taxpayers. It establishes specific credit amounts for each year starting in 2020 and sets a formula for increasing those credits in future years based on allowable growth rates. The legislation also clarifies how businesses and other entities can claim these credits, including provisions for allocating tax payments among shareholders or partners. Although the bill outlines these changes, it was indefinitely postponed in August 2024 and is not currently in effect.
This bill authorizes licensed racetracks in Nebraska to offer sports betting through online platforms, allowing residents to place wagers via the internet. It defines specific rules for what types of sporting events can be bet on, such as professional and international games, while explicitly excluding in-state college teams, high school events, and fantasy sports contests. The legislation also outlines restrictions on who can participate, prohibiting athletes, coaches, and officials from betting on events they are involved in to maintain integrity. Additionally, the bill adjusts how taxes collected from sports wagering are distributed and modifies requirements for submitting constitutional amendment proposals.
This bill proposes adding a new section to the Nebraska Constitution to allow individuals to sue political subdivisions if they increase tax rates without prior voter approval at a November general election. The amendment would enable citizens to challenge such tax hikes in court, following procedures set by the state Legislature. It directly affects local governments and taxpayers by providing a legal mechanism to enforce existing laws regarding voter-approved tax increases. The measure was introduced in 2024 but was indefinitely postponed by the Legislature before it could be submitted to voters.
This bill proposes changing how residential real property is valued for property tax purposes in Nebraska. The key provision would cap annual increases in home valuations at five percent, but it includes a condition that prevents the rule from taking effect until a specific constitutional amendment is adopted and proclaimed by the governor. Because this change requires a constitutional amendment, the bill currently does not alter tax calculations or affect homeowners until that additional legal step is completed. As a result, the legislation has no immediate impact on property taxes or residents at this time.
This bill proposes the Property Tax Circuit Breaker Act to offer financial relief to low-income individuals struggling to pay property taxes. It creates a refundable income tax credit for two groups: farmers with agricultural land and homeowners or renters with a federal adjusted gross income below $100,000 or $50,000, respectively. Eligible applicants must submit a form between January 1 and April 15 of 2025 and 2026, providing details about their property, income, and taxes paid. The Department of Revenue would calculate the credit amount based on specific income thresholds and property values, issuing certifications by December 31 of each year. A total funding cap of $74 million is set for each year, with any excess applications receiving proportional reductions.
This bill, known as the Property Tax Growth Limitation Act, sets a cap on how much local governments in Nebraska can raise property taxes starting in fiscal year 2025. Under the new rules, a city, county, or village can only increase its tax request by the rate of local property value growth, the change in the consumer price index, or at least five percent, whichever is higher. Local governments may still raise taxes above this limit for specific purposes, such as funding approved bonds, capital improvements, public safety, or responding to emergencies, and they can also seek voter approval to exceed the cap. Additionally, the legislation repeals the previous Property Tax Request Act and updates related state statutes to align with these new limitations.
This bill proposes a constitutional amendment to Nebraska that would allow the state Legislature to use a different method for taxing residential real property. While the amendment maintains uniform taxation rules for most other property types, it specifically creates a separate class for homes, giving lawmakers the authority to limit how much property tax values can increase each year. The change also grants the Legislature flexibility to establish distinct tax categories for agricultural land, motor vehicles, and livestock, ensuring these groups can be taxed differently than standard real estate. Ultimately, the measure seeks to update the state's tax framework to provide more options for assessing home values without altering the fundamental principle of uniform taxation for other property classes.
This bill proposes changes to how the Nebraska Game and Parks Commission manages fish hatcheries, wildlife areas, and state park projects. It authorizes the commission to build new fish hatcheries and expand existing ones with a budget cap of ten million dollars for the 2024-25 fiscal year. The legislation also allows the commission to charge fees for services in wildlife management areas and allocate up to five million dollars for research aimed at boosting tourism. Additionally, it sets specific limits on matching funds for the Nebraska Rural Projects Act and authorizes funding for specific improvements at Fort Robinson and Eugene T. Mahoney State Parks.
This bill proposes a new twenty-seven-cent fee on retail deliveries of taxable goods within Nebraska, intended to generate revenue for the state's general fund. It defines specific terms such as "personal delivery devices" and "retail delivery" to clarify which transactions are subject to the charge while exempting items like electric scooters and wheelchairs. The fee would apply to most consumers and businesses but includes exemptions for tax-exempt items, new businesses in their first year, and those with annual sales under five hundred thousand dollars. If enacted, the Department of Revenue would collect and remit these fees starting January 1, 2025, though the bill was indefinitely postponed in August 2024.
This bill proposes a new luxury tax in Nebraska that would apply to specific high-cost items, including motor vehicles over $50,000, jewelry over $5,000, and clothing over $1,000. The tax rate is set at 2.25 percent for most purchases, but increases to 3.7 percent for any single item costing more than $400,000. Several exemptions are included, such as vehicles purchased by active-duty military personnel and commercial trucks, while the tax is collected by sellers and added to existing taxes. The legislation also establishes that all revenue collected would go to the state's General Fund and sets the effective date for January 1, 2025.
This bill adopts three major tax-related acts in Nebraska, including measures to limit property tax growth for counties, cities, and villages, provide relief for school districts, and introduce a new tax on advertising services. It establishes specific rules for calculating how much property taxes local governments can raise based on factors like new construction, annexations, and changes in property use, while also defining what counts as state aid. Additionally, the legislation modifies various existing tax provisions related to sales, income, and liquor taxes, and adjusts how tax revenues are distributed among different levels of government.
