Constitutional amendment to impose a limit on ad valorem taxes for real property, provide a new method of valuing real property for tax purposes, provide certain exceptions, and eliminate conflicting constitutional provisions
109th Legislature (2025-2026)
LR 12CA caps property taxes at 1.5% of value, limits annual valuation increases to 2%, and aims to provide financial relief to property owners in Nebraska.
Andersen AM1101 filed
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