LB 2 - Amends State Property Tax Rates to Reduce $117 Million in State Budget Cuts - Nebraska Key Vote
Timeline
- Executive Signed
- Aug. 20, 2024
- Senate Bill Passed
- Aug. 20, 2024
- Introduced
- July 25, 2024
Related Issues
Stage Details
Title: Amends State Property Tax Rates to Reduce $117 Million in State Budget Cuts
Signed by Governor Jim Pillen
Title: Amends State Property Tax Rates to Reduce $117 Million in State Budget Cuts
Vote Smart's Synopsis:
Vote to pass a bill that amends state property tax rates to reduce $117 million in state budget cuts in Nebraska
Highlights:
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Amends state property tax rates for individuals and businesses to reduce $117 million in state budget cuts for revolving funds in Nebraska for the fiscal year beginning July 1 2024 through June 30, 2027 (Sec. 2-38).
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Specifies that this bill declares an emergency and that the provisions shall take effect immediately upon passage and approval by the Governor (Sec. 40).
Title: Amends State Property Tax Rates to Reduce $117 Million in State Budget Cuts