This bill amends several sections of Nebraska's revenue and taxation laws, specifically focusing on the duties of county assessors regarding real property assessments and the Property Tax Request Act. Key changes include the requirement for county assessors to create and deliver a detailed notice to property owners regarding assessed values, including prior and current year valuations, and information about budget hearings for political subdivisions. The bill also mandates that political subdivisions inform county assessors of their budget hearing schedules, ensuring transparency in the property tax process.

Additionally, the bill modifies the provisions of the Property Tax Request Act, redefining how property tax requests are calculated and communicated. It introduces new definitions and requirements for political subdivisions when setting their property tax requests, including the necessity of public hearings and specific disclosures about tax rates and budget changes. The bill repeals several outdated sections related to the Property Tax Request Act, streamlining the process and harmonizing the provisions across the relevant statutes.

Statutes affected:
Introduced: 77-1315, 77-1601, 77-1632, 77-1776