Bill > LB683

This bill modifies several statutes related to property tax assessments and notifications, primarily focusing on improving transparency and information provided to property owners. The key changes include requiring county assessors to create more detailed property tax assessment notices that clearly show prior and current year valuations, levy rates, and potential tax impacts. The notices must now include a prominent section explaining taxpayers' rights to protest valuations and encouraging attendance at political subdivision budget hearings. Additionally, the bill requires political subdivisions to inform county assessors about their budget hearing times and places by May 15th. The legislation also updates provisions related to property tax requests, simplifying the process for political subdivisions to adjust their tax requests and removing some previously complex notification requirements. Significantly, the bill eliminates several sections of the existing Property Tax Request Act, streamlining the procedures for how local governments can adjust their property tax levies. The overall aim appears to be increasing taxpayer understanding of how property valuations and tax rates affect their annual tax bills by mandating clearer, more comprehensive communication from local government entities.

Budget and Finance

https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=59720