Income tax credit requested on property taxes paid to schools
The Revenue Committee heard testimony Jan. 25 on a bill that would provide Nebraskans with income tax credits against the amount of property taxes they pay to schools.
Introduced by Bayard Sen. Steve Erdman, LB829 would provide a refundable state income tax credit equal to 50 percent of the property taxes paid to school districts during the taxable year beginning in 2019.
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