- Associated Press - Wednesday, March 2, 2016

LINCOLN, Neb. (AP) - A legislative committee is looking to make changes to the property tax plan championed by Gov. Pete Ricketts, but has not yet decided how to proceed.

The Revenue Committee took no action Wednesday on the bill during an executive session at the Capitol. Sen. Mike Gloor of Grand Island, the committee chairman, says he wants to move forward slowly to ensure the package doesn’t create unintended consequences.

Gloor says senators have concerns about part of the plan that would limit the aggregate statewide growth of property valuations to 3 percent annually. He says lawmakers are exploring other options to minimize the sharp property tax increases that aggravated farmers in recent years.

Gloor says he’s confident the committee will advance a property tax package this year.

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The bill is LB958

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