A bill that would significantly reduce property taxes in Nebraska is facing stiff opposition as it faces the last hurdle of the legislative process. Earlier this year, state Governor Jim Pillen called for a 40 percent reduction in property taxes, with Legislative Bill 388 being introduced to the Nebraska legislature on January 12. On Wednesday
HELENA — April 15 was originally the last day for Montanans to apply for some property tax relief programs for this year – but Gov. Greg Gianforte has announced the state is extending the deadline for eligible residents. “Property taxes are too high, and homeowners deserve relief,” he said in a statement. “In an effort
A Supreme Court decision last year in a “home equity theft” case involving limits on government recoveries from tax liens holds potential short-term complications for mortgage servicers in some areas, but it could be beneficial in the long run. The case involved Hennepin County, which took $25,000 in excess funds from the foreclosure sale of
When Los Angeles voters approved an extra tax last year on home sales over $5 million, officials projected annual revenue of $700 million to help alleviate the city’s rampant homelessness crisis. But a year in, LA’s “mansion tax” has fallen far short of expectations — generating barely a quarter of the promised revenue — and
Apr. 2—EPHRATA — While some property owners will see new taxes and levies on their 2024 property tax statements, for most areas the total levy rate is lower than 2023. Grant County Treasurer Darryl Pheasant wrote in a press release that property tax statements were mailed late last week. Tax statements include delinquent taxes and
The landlord of Wizarding World in Flatiron needs some magic: It has not paid the property’s tax bill in four years and owes the city $14 million. Taxes were not a problem when Restoration Hardware was leasing 35,400 square feet at the building, 935 Broadway. But when the big retailer left in 2017, the property
Waukegan officials are looking at the city’s fourth consecutive balanced budget without a property tax increase and its first without reliance on the $19.7 million of federal COVID-19 relief funds it received in 2021. Interim Finance Director Don Schultz introduced the approximate $245 million budget during a public hearing Monday at City Hall after months
Proposals to limit or freeze local governments from raising property taxes drew support and opposition during a legislative hearing Wednesday.They are part of Gov. Jim Pillen’s plan to cut property taxes by $2 billion.Homeowners like Liz Abel of Omaha told the Legislature’s Revenue Committee on Wednesday that her property tax bill increased by 38%.”I continually
Heads up homeowners – the deadline to pay for your property taxes is Wednesday, Jan. 31. Those who own property have until midnight to pay online, by phone, by mail, or in person to avoid going delinquent. Online and phone payments must be made by 11:59 p.m. Central Standard Time on January 31. County tax
MINOT — There have been a lot of headlines written, including by this humble columnist, about a proposed ballot measure that would “abolish property taxes.” The committee backing the proposal is in the process of collecting the requisite signatures to be placed on the statewide ballot. The organizers have said publicly that they have more