Budget & Taxes (Property Tax)

died · Nebraska · Legislature Apr 17, 2026

LB 1252: Provide for a retail delivery fee under the Nebraska Revenue Act of 1967

This bill would impose a 27-cent fee on every retail delivery of taxable tangible personal property (like online purchases delivered by vehicle) in Nebraska. Sellers would collect the fee from customers and remit it to the state Department of Revenue, which would credit the funds to the Property Tax Credit Cash Fund. The fee does not apply to exempt items, tax-exempt entities, new businesses (in their first year), or businesses with less than $500,000 in prior-year retail sales. It becomes effective January 1, 2027.

Topics ✓ Budget & TaxesSupports Budget & TaxesImposes 27-cent delivery fee to fund Property Tax Credit Cash Fund, providing tax relief through dedicated revenue allocation.90% confidence

Sub-Topics Fees & Licensing Property Tax Tax Credits

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died · Nebraska · Legislature Apr 17, 2026

LB 873: Provide for an excise tax on kratom products and change provisions of the Kratom Consumer Protection Act relating to adulterated products

Nebraska's LB 873 imposes a 10% excise tax on retail sales of kratom products starting July 1, 2027, requiring retailers to maintain electronic sales records and file monthly tax returns. It updates the definition of "adulterated" kratom products to include those containing specific alkaloids (like 7-hydroxymitragynine) without meeting legal definitions or mixed with dangerous non-kratom substances. Retailers and processors face escalating penalties: up to $1,000 for first violations, $5,000 for second, and up to $20,000 for third violations, with processors risking a 3-year sales ban for selling adulterated products. The tax revenue will fund the Property Tax Credit Cash Fund, and retailers may avoid penalties if they reasonably relied on a processor's representation that a product was compliant.

Topics ✓ Budget & TaxesSupports Budget & TaxesImposes 10% excise tax on kratom products, creating new state revenue stream under tax policy90% confidence

Sub-Topics Property Tax Revenue Sales Tax

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signed · Nebraska · Legislature Apr 17, 2026

LB 803: Adopt the First-Time Home Buyer Savings Account Act and change provisions relating to the Sports Arena Facility Financing Assistance Act, the Property Tax Growth Limitation Act, the Domestic Violence and Human Trafficking Service Providers Tax Credit Act, property tax valuation and levy procedures, homestead exemptions, and income taxes

This bill changes Nebraska's rules for listing taxable tangible personal property, such as business equipment or vehicles. It requires property owners to file annual forms with county assessors by May 1, using forms provided by the Tax Commissioner. The bill also clarifies that those seeking exemptions under the Nebraska Advantage Act or ImagiNE Nebraska Act must submit required documentation by the same deadline, or lose the exemption. Failure to file on time results in forfeiture of exemptions, even if taxable property is still listed under standard rules.

Topics ✓ Budget & TaxesSupports Budget & TaxesEnforces timely exemption documentation, closing potential tax avoidance loopholes and ensuring consistent tax revenue collection per fiscal management standards.90% confidence

Sub-Topics Property Tax Tax Credits

died · Nebraska · Legislature Apr 17, 2026

LB 1008: Change provisions relating to the amount of relief granted under the School District Property Tax Relief Act

LB 1008 amends Nebraska's School District Property Tax Relief Act to revise the minimum annual funding levels for property tax relief. It sets specific minimum relief amounts for tax years 2024 through 2030 (e.g., $750 million for 2024, $902 million for 2030) and establishes a formula for future years: prior year's minimum plus the percentage increase in statewide property values (as determined by the Department of Revenue) plus $75 million. The bill also adds a provision requiring funds transferred to the relief fund under Section 77-4602 to be included in the annual relief calculation. This amendment replaces the original funding structure in Section 77-7305 of the Revised Statutes.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill mandates increased minimum annual funding for property tax relief (e.g., $750M in 2024), directly strengthening tax relief funding under Budget & Taxes.95% confidence ✓ EducationSupports EducationBill mandates increased minimum annual funding for school property tax relief ($750M in 2024, rising to $902M by 2030) with annual $75M additions, directly strengthening school district funding.95% confidence

Sub-Topics Property Tax

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died · Nebraska · Legislature Apr 17, 2026

LB 1219: Limit the amount of property taxes that may be levied by a political subdivision

Nebraska's LB 1219 limits annual property tax increases for local governments (like cities, counties, and school districts) starting in 2027. It replaces previous tax growth rules by capping yearly increases at 2% plus the area's real property value growth rate. The "real growth percentage" is calculated based on new construction, annexations, or other value changes to properties, ensuring tax hikes align with actual property value growth. This bill directly affects all local taxing entities by restricting how much they can raise property taxes each year.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill directly limits annual property tax increases for local governments, capping growth at 2% plus real property value growth. Restricts tax collection methods per bill language.95% confidence ✗ EducationOpposes EducationBill caps property tax increases for school districts, limiting their revenue growth and restricting education funding. This aligns with 'oppose' indicators (limits school programs/funding).85% confidence

Sub-Topics Property Tax

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died · Nebraska · Legislature Apr 17, 2026

LB 814: Change provisions relating to the valuation of agricultural land and horticultural land

LB 814 changes Nebraska's property tax valuation for agricultural and horticultural land, reducing the assessed value from 75% to 50% of market value starting January 1, 2027. This adjustment lowers the taxable value of such land, directly reducing property tax bills for farmers, gardeners, and landowners using property for agricultural or horticultural purposes. The bill also updates the acceptable valuation range for these lands to 44-50% of market value after 2027, replacing the previous 69-75% range. The change affects all Nebraska landowners with qualifying agricultural or horticultural land, as it modifies how their property is assessed for tax purposes.

Topics ✓ Budget & TaxesSupports Budget & TaxesReduces property tax burden for agricultural landowners by lowering assessed value from 75% to 50% of market value, providing direct tax relief.95% confidence

Sub-Topics Property Tax

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died · Nebraska · Legislature Apr 17, 2026

LB 990: Rename the School District Property Tax Relief Act as the Live Here Thrive Here Act and the School District Property Tax Relief Credit Fund as the Live Here Thrive Here Credit Fund and change the distribution of property tax credits under the act

Nebraska's LB 990 renames the "School District Property Tax Relief Act" to the "Live Here Thrive Here Act" and changes the "School District Property Tax Relief Credit Fund" to the "Live Here Thrive Here Credit Fund." The bill modifies how property tax credits are distributed by adjusting the state's fiscal transfer process under Section 77-4602. Specifically, it directs funds to the new credit fund based on comparisons between actual and estimated state revenue, with the State Treasurer making transfers according to these calculations. This policy change directly affects property owners in Nebraska school districts who receive tax credits for real property taxes paid.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill maintains property tax credits via renamed fund and adjusted distribution, providing direct tax relief for residents per fiscal management indicators.90% confidence ✓ EducationSupports EducationBill modifies property tax credit distribution for school districts, ensuring funds are directed to support school funding through revised fiscal transfer process. Directly addresses education funding mechanism.95% confidence

Sub-Topics Property Tax Revenue

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died · Nebraska · Legislature Apr 17, 2026

LB 1038: Change provisions relating to school funding and property taxes

LB 1038 changes how Nebraska school districts can raise funds through property taxes and modifies property tax credits. It eliminates certain property tax credits for homeowners and adjusts school district levy limits, allowing districts more flexibility in setting local tax rates. The bill redirects tax revenue streams, increasing funding for the Education Future Property Tax Credit Cash Fund (from 70% to 40% for cash device taxes) and modifying how General Fund transfers support schools. These changes directly affect school districts (by altering their tax-raising authority) and property taxpayers (through eliminated credits).

Topics ✗ Budget & TaxesOpposes Budget & TaxesEliminates property tax credits for homeowners, increasing tax burden, and redirects revenue without providing tax relief or funding increases.95% confidence ✓ EducationSupports EducationBill redirects tax revenue to increase funding for Education Future Property Tax Credit Cash Fund, modifies school district levy limits for greater funding flexibility, and expands school funding streams.90% confidence

Sub-Topics Property Tax Revenue State Budget School Funding

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died · Nebraska · Legislature Apr 17, 2026

LB 1183: Change provisions relating to valuation of property

This bill updates Nebraska's property tax valuation rules, primarily affecting agricultural landowners and school districts. It adjusts the tax rate for agricultural land from 37.5% to 50% of property value for school district taxes on bonds approved after 2022, while standardizing acceptable valuation ranges across property types. The bill clarifies how different property classes - like historic sites, agricultural land, and tangible personal property - are valued for tax purposes. These changes directly impact property owners' tax bills and school district funding calculations.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax rate for agricultural land (37.5%→50%) to boost school district revenue from bonds, directly funding public education through adjusted valuation rules.85% confidence ✓ EducationSupports EducationIncreases agricultural land tax rate for school district bonds from 37.5% to 50%, directly boosting school funding revenue without restricting educational access or programs.95% confidence

Sub-Topics Property Tax

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died · Nebraska · Legislature Apr 17, 2026

LB 1154: Change provisions relating to the calculation of property tax request authority under the Property Tax Growth Limitation Act

LB 1154 changes how Nebraska local governments (like cities and counties) calculate their annual property tax request limits under the Property Tax Growth Limitation Act. It replaces the existing formula with two new components: tax increases can now be based on a political subdivision's growth percentage and the inflation rate (if positive). This adjustment allows local governments to increase property tax requests in line with population growth and inflation, rather than using the previous calculation method. The bill directly affects all political subdivisions that set annual property tax rates.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill changes tax calculation to allow increases matching growth/inflation, promoting fiscal responsibility for local governments.70% confidence

Sub-Topics Property Tax

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