LB494 — Change provisions relating to the School District Property Tax Relief Act and transfers of General Fund net receipts to the Cash Reserve Fund and the School District Property Tax Relief Credit Fund

LB494 — Change provisions relating to the School District Property Tax Relief Act and transfers of General Fund net receipts to the Cash Reserve Fund and the School District Property Tax Relief Credit Fund · Informed CitizenryThe bill amends sections of the Nebraska Revised Statutes concerning General Fund net receipts and school district property tax relief. Section 1 (amending 77-4602) modifies how the Tax Commission…Open in Informed Citizenry