LB644: Truth in Taxation – Direct Notification of Property Tax Increase Hearings

January 20, 2021
Status: Assigned To Committee

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Summary

The Platte Institute provided testimony in support of LB644. This bill establishes a Truth in Taxation law, which requires taxpayers to be directly notified by mail about public hearings and board votes for local property tax increases. LB644 provides taxpayers with a stronger voice in how local property taxes are decided by providing the date, time, and location of a public meeting where property tax increases will be decided. Subdivisions must explain how much a property taxpayer’s tax bill would rise if the proposed tax increase were approved, and hold hearings for property tax increases take place after 6 p.m., allowing more taxpayers the opportunity to attend a public meeting.

Click here to visit the Nebraska Legislature website to submit written comment about LB644.

 

Last Action

LB644 was heard by the Revenue Committee on Wednesday, February 10, 2021. Click here to read the Platte Institute's testimony.