This bill amends sections 77-1633 and 77-3442 of the Revised Statutes Cumulative Supplement, 2024, to enhance the Property Tax Request Act and property tax levy limits in Nebraska. It introduces a requirement for political subdivisions that wish to increase their property tax requests beyond the allowable growth percentage to hold a joint public hearing between July 14 and July 24. Each subdivision must notify affected property taxpayers via postcard and post details on their websites regarding the proposed tax increases. Following the public hearing, a resolution or ordinance must be passed by the governing body to set the property tax request.

Additionally, the bill modifies existing tax levy regulations for various political subdivisions, including natural resources districts and educational service units. It allows natural resources districts in fully appropriated or overappropriated river basins to levy a tax for groundwater management activities, capped at three cents per one hundred dollars of taxable valuation through fiscal year 2017-18. The bill also clarifies that certain tax levies, such as those for judgments and lease-purchase contracts, are exempt from established levy limits. Several provisions related to tax levies have been deleted or redefined, streamlining the regulations and ensuring that local governments adhere to the new levy limits while addressing their financial needs. The bill is set to take effect immediately upon passage.

Statutes affected:
Introduced: 77-1633, 77-3442