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Senator Briese Introduces Property Tax Relief Proposal

Senator Briese Introduces Property Tax Relief Proposal
Photo courtesy of Nebraska Legislature

Lincoln, NE – Senator Tom Briese of Albion announced today that he has introduced a bill that will put Nebraska on a path to reducing over-reliance on property taxes and adequately funding education in the state. Briese said, “This bill represents the culmination of a broad-based, bipartisan effort consisting of education groups and property tax interests including agricultural, residential, and commercial property taxpayers. The bill will provide the property tax relief that all hard-working Nebraskans deserve, while at the same time protecting the ability of our schools to prepare our young folks for the jobs and careers of the 21st century.”

Briese went on to say that his bill would provide immediate property tax relief, would identify the sources of revenue to fund the relief, and would provide soft caps to taxing authority to ensure long term property tax relief while protecting education. Noting Census Bureau data suggesting Nebraska is 49th in the country in the percentage of K-12 education funded with state dollars, Briese said, “For far too long, our state has relied too heavily on property taxes to fund our schools. Its time the state stepped up and funded its share of K-12.”

Finally, Briese stressed the significance of the various stakeholders and senators he anticipates backing his proposal. “Sustainable tax reform which protects education must travel a collaborative, bipartisan path. And I believe that path exists,” he said. He also stated, “Because of the many stakeholders involved, the bill was a product of much negotiation, and most likely adjustments to it will continue.” Finally, Briese noted, “I believe that Nebraskans deserve a fair and balanced tax structure. But I also recognize there is nothing we do that is more important than how we educate our children. This bill affirms both of those principles.”

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