Gov. Ricketts Considering Tax Plan to Help Struggling Farmers
LINCOLN, Neb. (AP) - Nebraska Gov. Pete Ricketts is considering a proposal that would change the way agricultural land is taxed to provide relief to farmers who are struggling amid low crop prices.
The governor recently floated the idea as a way to prevent property taxes from sharply increasing even as the state’s agricultural economy is having troubles. A similar bill stalled in the Legislature in 2017, but Ricketts said he doesn’t think it was fully debated or understood.
“I still think it’s a good idea,” Ricketts said in an Associated Press interview. “People have had a chance to think about it and look at it, and I think that gives us more of an opportunity to get that passed.”
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