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Dear Residents of the 40th District,
After a long weekend break, the Legislature has continued this week with full day floor debate. On Tuesday morning, we started debate on my priority bill, LB57. LB57 would place oversight mechanisms into statute that requires the Nebraska Environmental Trust to approve transactions involving real property purchased with Trust dollars. It also requires that Trust grantees who ever sell or transfer land to the federal government find a way to replace the lost property taxes created by removing that land from the county property tax rolls. This will help counties recover lost revenue when they have land purchased with Trust dollars that is subsequently sold or transferred to the federal government.
The debate on LB57 lasted eight hours and the Legislature had a robust discussion on the merits of the bill. My intentions behind introducing this bill are twofold: first, I want to enhance the accountability of the Nebraska Environmental Trust board and the money they give to organizations who apply for Trust grants. Furthermore, I want to make sure that counties are not losing valuable property tax income generated from properties that are purchased with a Trust grant and later taken off county tax rolls. This kind of situation has impacted counties throughout the state and those counties have lost thousands of dollars in property tax revenue each year.
LB57 was voted to advance to the next step in the legislative process and I look forward to continuing the debate on this bill and working with interested parties on potential amendments between now and select file. I am also anticipating that LB354, which is a bill I introduced to restructure the Nebraska Corn Board, will be placed on the agenda soon. Additionally, the Appropriations Committee is continuing to work on ironing out the budget proposal for the next biennium and the budget in its final form will be introduced within the next few weeks as well. The Appropriations Committee meets at various times throughout the day to give members the chance to be present for floor debate, while still allowing the Committee ample time to go over the final components of the budget.
I enjoy hearing your comments or feedback on issues that are important to the people of Legislative District 40. Please feel free to call, write, or visit the office that is here to represent and serve you at 402-471-2801 or at email@example.com.
Senator Tyson Larson