Think Tank says reducing ag land valuation in Nebraska would benefit only a few

Print
Font Size:
Default font size
Larger font size

Posted: Tuesday, February 4, 2014 12:00 am | Updated: 2:12 pm, Thu Jun 5, 2014.

LINCOLN — A Lincoln think tank says that lowering the valuation of agricultural land for tax purposes — which is backed by Gov. Dave Heineman and farm groups — would benefit only a few farmers and ranchers who live near urban areas.

The OpenSky Policy Institute, which analyzes state tax and spending policies, said reducing the valuation of farm and ranch land from 75 percent of market value to 65 percent would result in the loss of about $102 million in local property taxes.

Subscription Required

An online service is needed to view this article in its entirety. You need an online service to view this article in its entirety.

Login

You must login to view the full content on this page.

Thank you for reading and relying on Omaha.com for your news and information. You have now viewed your 30 day allowance of 15 free Omaha.com articles. If you are an Omaha World-Herald Subscriber please click here. If you are not an Omaha World-Herald Subscriber and would like to have Unlimited access to all Digital Products please click here. If you have any questions or need further information please call 402-346-3363 or 1-800-234-6942 or email customer.service@owh.com You need an online service to view this article in its entirety.

Login

Copyright ©2014 Omaha World-Herald. All rights reserved. This material may not be published, broadcast, rewritten, displayed or redistributed for any purpose without permission from the Omaha World-Herald. To purchase rights to republish this article, please contact The World-Herald Store.


World-Herald Alerts

Want to get World-Herald stories sent directly to your home or work computer? Sign up for Omaha.com's News Alerts and you will receive e-mails with the day's top stories.