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NE LR201

Resolution

Status

Introduced

5/14/2025

Primary Sponsor

Robert Hallstrom

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Origin

Legislature

109th Legislature

AI Summary

  • Proposes an interim study to examine current rates, revenues, and uses of Nebraska's documentary stamp tax
  • Directs assessment of potential tax increases specifically for housing purposes
  • Evaluates placing restrictions on documentary stamp tax revenue to limit use for non-housing purposes
  • Requires analysis of how any tax increase would impact housing costs
  • Assigns the Revenue Committee to conduct the study and report findings and recommendations to the Legislative Council or Legislature

Legislative Description

Interim study to examine the rates, revenues, and uses of the documentary stamp tax

Last Action

Dover name added

5/19/2025

Committee Referrals

Revenue5/19/2025
Executive Board5/14/2025

Full Bill Text

No bill text available