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Nebraska property tax fight

Posted at 7:16 AM, Feb 15, 2019
and last updated 2019-02-15 08:16:16-05

LINCOLN, Neb. (KMTV) — Nebraska lawmakers are again battling over property taxes, looking for ways to bring down what experts call some of the highest taxes in the country.

There are three different plans being debated. Senator Tom Briese's plan includes increasing alcohol and cigarette taxes. This plan also adds taxes on candy, pop, and bottled water, bringing in an extra $782 million.

Senator Curt Friesen's proposal would bring in half a billion by increasing alcohol taxes, adding taxes on groceries and car repairs, while providing more state aid to school districts.

Governor Pete Ricketts' plan caps local property tax increases, adds property tax credits, and changes the way farm land is valued.