NE LB1154

Amends section 13-3403 of Nebraska's Property Tax Growth Limitation Act, which governs how political subdivisions calculate their property tax request authority for fiscal years beginning on or after July 1, 2025

Expands the list of exceptions that must be subtracted when calculating preliminary property tax request authority from just subdivision (7) to subdivisions (1), (2), (4), (5), (6), and (7) of section 13-3404

Requires political subdivisions to deduct more categories of prior-year exceptions from their base property tax request, potentially reducing the amount they can levy in subsequent years

Repeals the original section 13-3403 from the Revised Statutes Supplement, 2025