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.

 

To read more please log in or subscribe to the digital edition. http://www.etypeservices.com/Bridgeport%20News-BladeID393/

Bridgeport News-Blade

PO Box 400
Bridgeport, NE 69336-0400
(308) 262-0675
(308) 262-0675 (f)