LINCOLN, Neb. – “We appreciate the work of the legislature’s Tax Modernization Committee and the efforts of its members to gather statewide public input in preparing its report.”
"The members of Nebraska Farm Bureau continue to believe property tax relief should be at the forefront of tax reform talks and that notion was reinforced this week by delegates attending our annual meeting. We believe the Committee has identified pieces that could serve as the foundation for providing broader property tax relief.”
“Lowering the taxable value of agricultural land is something we encouraged the Committee to consider and are pleased to see included in the report.”
“The Committee’s suggestion of broadening the sales tax base to include consumer services is also one that also deserves further consideration, provided such expansion is in the context of using additional tax dollars for property tax relief.”
“We would encourage the legislature to consider growing its investment in the property tax credit program which provides direct, unfiltered relief to those who pay property taxes.”
“Outside of property taxes, we do appreciate the Committee’s interest in removing the sales tax on repair and replacement parts for agricultural machinery and equipment. Such policy would level the playing field by bringing Nebraska in line with tax policies of neighboring states.”
“We look forward to working with the legislature to provide tax relief for Nebraska’s farm and ranch families and all Nebraskans.”
The Nebraska Farm Bureau Federation is a grassroots, state-wide organization dedicated to supporting farm and ranch families and working for the benefit of all Nebraskans through a wide variety of educational, service and advocacy efforts. More than 56,000 families across Nebraska are Farm Bureau members, working together to achieve rural and urban prosperity as agriculture is a key fuel to Nebraska’s economy. For more information about Nebraska Farm Bureau and agriculture, visit www.nefb.org.