(The Middle Sq.) – Nebraska taxpayers will quickly be notified of proposals to extend their property taxes due to a legislation handed final yr.
Legislative Invoice 644, the Property Tax Request Act, was signed into legislation in Might 2021 and beginning subsequent month requires native governments to inform taxpayers of public hearings associated to property tax improve proposals of over 2%.
Jim Vokal, CEO of the Platte Institute, which backed the laws, mentioned the brand new legislation will present extra transparency for taxpayers.
“It is going to get extra folks concerned within the course of as a result of they are going to be notified and they’ll have a possibility to take part in these hearings,” Vokal informed The Middle Sq.. “Finally, we will present some accountability to elected officers that traditionally haven’t heard from taxpayers and raised property taxes.”
Utah and Kansas have adopted comparable legal guidelines, know as “fact in taxation” legal guidelines. In response to Vokal, each states have seen success.
“We have now the eighth-highest property tax charges and we’ve additionally watched valuation will increase which have occurred throughout the state,” he mentioned. “We have watched elected officers elevate property taxes and we even have seen a public that hasn’t essentially totally understood the panorama.”
The legislation applies to proposals from counties, cities, college districts, and group faculties. Political subdivisions should give property homeowners one week discover of a public listening to by way of a postcard.