Bill > LB495

This bill modifies provisions of the Property Tax Request Act by removing community colleges from certain tax request and hearing requirements. Specifically, the bill eliminates community colleges from the list of political subdivisions that must follow specific procedures when seeking to increase property tax requests. Under the previous law, if a community college wanted to increase its property tax request by more than the allowable growth percentage, it would have to participate in a joint public hearing and follow detailed notification procedures. The new bill removes these requirements for community colleges, effectively exempting them from the more stringent tax request process that applies to counties, cities, and school districts. The bill also includes an emergency clause, meaning it will take effect immediately upon being passed and approved. The changes are technical in nature and appear to simplify the tax request process for community colleges by reducing their administrative burden when seeking to increase property tax requests.

Budget and Finance

https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=59303