"Nebraska's 2024 Legislative Session: Tax Plans and Tight Budgets Amid a Busy Agenda"

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Source: Nebraska Examiner
"Nebraska's 2024 Legislative Session: Tax Plans and Tight Budgets Amid a Busy Agenda"
Photo: Nebraska Examiner
TL;DR Summary

Nebraska Governor Jim Pillen is set to propose a significant property tax reform plan in the 2024 legislative session, aiming to reduce property taxes by $2 billion through capping local government spending and increasing sales taxes. The plan includes "hard caps" on spending growth for cities and counties, and a shift of up to $1 billion of the property tax burden to the state. Pillen also plans to address workforce development by incentivizing businesses to offer child care and revising business incentives to retain skilled workers. Additionally, he defended his decision to reject $18 million in federal funds for a summer food program for children, and he discussed his stance on school choice and abortion legislation, indicating he would support efforts against a ballot initiative that could enshrine the right to an abortion in the state constitution.

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