(Neb)-Farm Bureau, Farmers Union Want Property Tax Relief Before Business Incentives
LINCOLN, Neb. (AP) - Two of Nebraska's largest farm groups are objecting to a bill that would create new business tax credits to replace the Nebraska Advantage, the state's current major incentive program, but not because the plan itself.
Leaders of the Nebraska Farm Bureau and Nebraska Farmers Union say their groups oppose the bill because lawmakers haven't yet approved a plan to lower property taxes and are running out of time in this year's session.
Business groups have defended both the existing and proposed revamped incentives as critical to maintain a competitive business environment in Nebraska relative to other states, but Farmers Union President John Hansen says the tax incentives aren't cost effective and haven't worked as intended.
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