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Gov. Pete Ricketts signs $550 mil of property tax relief into law

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Posted at 5:22 PM, May 27, 2019
and last updated 2019-05-27 18:22:59-04

LINCOLN, Neb. (KMTV) — Nebraska governor Pete Ricketts signed the next two-year budget into law on Monday.

“This budget controls spending to deliver $550 million in direct property tax relief over the next two years. It also includes over $2 billion in state aid to K-12 education as well as new resources for public safety initiatives. Our ongoing commitment to controlling spending helped the state do property tax relief this year, and has set the state up to expand relief in years to come," said Gov. Ricketts in a press release.

Gov. Ricketts signed the following budget bills: 293e, 294e, 295e, 296e, 297e, 298e, and 299e.

The Governor also signed the following bills along with the budget package: LB 300e, LB 300Ae (judges salaries for the biennium), LB 464e (claims bill), and LB 675e (TEEOSA change).