The Revenue Committee is responsible for processing legislation involving the following subject areas:

• sales and use tax
• income tax
• property tax; homestead exemption; valuation of property
• motor fuels tax; aircraft fuel
• miscellaneous taxes; cigarette; liquor; insurance premiums; parimutuel; inheritance; highway bonds; franchise; severance
• Department of Revenue; State Tax Commissioner
• tax incentives
• revenue forecasting

During session, the Revenue Committee meets on Wednesdays, Thursdays and Fridays in Room 1524 on the 1st Floor of the Capitol.

If you are wondering how LB 289 will impact you and your school district a link is provided below to help show exactly that. The link has a breakdown of each legislative district. You can find the school district you live in and see how much more state aid and property tax relief you will receive. These numbers are not exact but are guaranteed minimums. You can also find the possible new levy for your school district.

• LB 289 Impact by Legislative District

Over the past few months, the Revenue Committee has been working diligently on a comprehensive solution to Nebraska’s property tax problem. I am sure if you have been reading the papers or scrolling through social media you have seen an article on our package, LB 289. Attached is short presentation the Revenue Committee gave to the legislative body and staff on May 7th. If you’d like to learn more about what LB 289 can do to lower your property taxes, you can reference the link below.

• LB 289 Information

Those who are unable or do not wish to testify in person on a bill may submit a written position letter that will be included in the official hearing record as an exhibit. In order to be included in the record the letter must be delivered to the office of the committee conducting the hearing, or emailed to the committee chair, by 5:00 p.m. on the last work day immediately preceding the hearing.

Additionally, the letter must include your name, address, the bill number, your position (for, against, neutral), and a request that it be included as part of the public record.

To submit a letter to the Revenue Committee, please send your letter to llinehan@leg.ne.gov

• Chapter 77 -Revenue and Taxation