Property tax bill can’t get past filibuster

LINCOLN — Legislative Bill 947, dubbed the Nebraska Property Tax Cuts and Opportunities Act, received extensive debate at the Capitol Tuesday, but ultimately failed to garner enough votes to break a filibuster. The bill, introduced at Governor Pete Ricketts’ request, likely won’t reappear unless supporters show they have the 33 votes required to end a filibuster.

LB 947, amended multiple times since its introduction, would have diminished corporate tax rates over five years, established a 10-year property tax cut and established workforce development initiatives by transferring $10 million from the state’s general fund over a two-year period.

A motion to shelve the bill failed on a 9-25. vote. But supporters needed 33 votes to break the filibuster and move the bill onward.

 

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