The tax package backed by Gov. Pete Ricketts may have failed this year, but some advocates and senators say they still hope to salvage a plan to lower property taxes in the session’s final days.
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LINCOLN, Neb. – The tax package backed by Gov. Pete Ricketts may have failed this year, but some advocates and senators say they still hope to salvage a plan to lower property taxes in the session’s final days.
Senators say Ricketts’ comprehensive tax proposal faltered because it focused too much on the state income tax and not enough on property taxes. The bill died last week when supporters fell six votes short of the 33 needed to overcome a filibuster.
Lawmakers are meeting privately to try to craft a last-minute plan that focuses primarily on property taxes, said Sen. Curt Friesen of Henderson. Friesen declined to give specifics but said any plan will need support from both rural and urban senators to pass.
“I still think we can do something,” said Friesen, a farmer who supported Ricketts’ tax package. “We’re not done until we’re done. If we could have gotten the focus on property taxes as the primary issue, I think we would have had the votes to get it done.”
But the effort is far from guaranteed. Sen. Jim Smith of Papillion, chairman of the tax-focused Revenue Committee, said lawmakers had the chance to pass major property tax changes through the Ricketts tax bill, which he introduced on the governor’s behalf.
Farm groups said the property tax portion didn’t do enough to help their members whose property tax bills have soared. Property taxes on agricultural land increased nearly 164 percent between 2006 and 2016, according to the Nebraska Department of Revenue.
Smith, a small business owner, said he wouldn’t support any major tax legislation that didn’t include income tax cuts.