Change the Property Tax Growth Limitation Act and the School District Property Tax Relief Act and change provisions relating to budget limitations, municipal occupation taxes, and property tax statements
109th Legislature (2025-2026)
Introduced by
Merv Riepe,
LB 242 reforms property tax rules, giving municipalities more budget flexibility and supporting school districts, enhancing local governance and taxpayer clarity.
Provisions/portions of LB242 amended into LB647 by AM1202
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