Tax reform package heads to rare three-committee public hearing Wednesday

It's crunch time.

Three legislative committees, spearheaded by the Revenue Committee, will hold an extraordinary public hearing Wednesday to examine this session's much-revised tax reform plan before it heads to a showdown on the legislative floor.

It's the gateway to the end game, the prelude to a high-stakes shootout that has been building for four months.

Joining the Revenue Committee for the hearing will be members of the Education Committee and the Retirement Committee, a recognition that this comprehensive tax plan uses state aid to schools as the vehicle to property tax reduction and makes a change in Omaha's school retirement levy limit to authorize additional funding for its troubled teacher retirement program.

"I hope the people will have some influence, not just the special interests," Revenue Committee Chairwoman Lou Ann Linehan of Elkhorn said on the eve of the public hearing.

Read more: https://journalstar.com/legislature/tax-reform-package-heads-to-rare-three-committee-public-hearing/article_1eddcaaa-a1e9-5cb9-86bf-750bc467644e.html
(Lincoln Journal Star)