Legislature’s Final Vote on Governor Pillen’s Property Tax Reduction Plan in the Balance: Business Groups Unite in Opposition

The fate of Gov. Jim Pillen’s property tax reduction plan hangs in the balance as the Legislature prepares for a final vote tomorrow/Thursday. A coalition of primarily business groups is strongly opposing the proposal, citing concerns about significant cost increases and impacts on the average Nebraska family.

The bill in question would require sales tax to be applied to items that are currently exempt, such as pop, candy, and veterinary services for pets. The revenue generated from these taxes would be used to support schools in an effort to reduce property taxes by approximately 22 percent, according to Pillen’s budget office.

Last week, senators voted 28-14 to move the bill forward. However, if opponents choose to filibuster, a total of 33 votes would be needed to overcome it. Despite this setback, the coalition of business groups remains steadfast in their opposition and has written a letter expressing their concerns directly to Governor Pillen. They believe that the plan will result in significant cost increases for businesses and will also impact the average Nebraska family by increasing their expenses.