Nebraska LB1008: Change provisions relating to the amount of relief granted under the School District Property Tax Relief Act

What the bill says

From the introduced text:

One Hundred Ninth Legislature - Second Session - 2026 Introducer's Statement of Intent LB1008 Chairperson: Senator R. Brad von Gillern Committee: Revenue The following constitutes the reasons for this bill and the purposes which are sought to be accomplished thereby: LB1008 would revise the growth formula for the School District Property Tax Relief Credit Fund (Tier II) so that it more closely mirrors the growth formula used for the Property Tax Credit (Tier I) Current law applies a fixed 3 percent annual growth rate to Tier II relief starting in fiscal year 2030/31. This approach results in slower growth compared to Tier I and causes the amount of property tax relief to fall behind increases in statewide property valuations and total property taxes levied. This bill replaces that with a growth formula that matches Tier I, improving the long-term property tax relief. Principal Introducer: ________________________________ Senator Tom Brandt

Read the full official text

Sponsors

• Tom Brandt (NP, 32) · primary sponsor

Latest actions

1. April 17, 2026: Indefinitely postponed
2. February 11, 2026: Notice of hearing for February 19, 2026
3. January 15, 2026: Referred to Revenue Committee
4. January 14, 2026: Kauth FA664 filed
5. January 13, 2026: Date of introduction

Common questions

What is LB1008?

LB1008 is a bill in the Nebraska Legislature (109th Legislature): Change provisions relating to the amount of relief granted under the School District Property Tax Relief Act.

What is the status of LB1008?

Failed as of April 17, 2026. Latest action: Indefinitely postponed (April 17, 2026).

Who sponsored LB1008?

Tom Brandt (NP, 32).

Where is the official record for LB1008?

On the Nebraska Legislature website: https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=63403