Background Photo Provided by the
Nebraska Tourism Commission
Offical Nebraska Government Website
Office of Governor Pete Ricketts

Photo Release: Gov. Ricketts and State Senators Join Ag, Business, and University Leaders to Celebrate Passage of LB 1107

Media Contacts:  

Taylor Gage, 402-471-1970

Justin Pinkerman, 402-471-1967

 

 

Photo Release:

Gov. Ricketts and State Senators Join Ag, Business, and University Leaders to Celebrate Passage of LB 1107

 

Gov. Ricketts signs LB 1107 during Thursday morning’s ceremony.

 

Gov. Ricketts emphasizes the importance of LB 1107 to farmers, ranchers, and homeowners.

 

Speaker of the Nebraska Legislature Jim Scheer thanks his fellow Senators for coming together to support LB 1107.

 

Gov. Ricketts presents a ceremonial copy of LB 1107 to Dr. Jeffrey P. Gold,

Chancellor of the University of Nebraska Medical Center.

 

Sen. Mark Kolterman emphasizes the many ways LB 1107 will grow Nebraska for future generations.

 

Gov. Ricketts presents a copy of LB 1107 to Revenue Committee Chair, Senator Lou Ann Linehan.

 

LINCOLN – On Thursday morning, Governor Pete Ricketts hosted a ceremonial bill signing for LB 1107 on the north plaza of the State Capitol in Lincoln.  LB 1107 delivers significant property tax relief to Nebraskans, reforms the state’s business incentive system, and provides state support for the NExT project at the University of Nebraska Medical Center.

 

Senators overwhelmingly voted to pass LB 1107 on August 13th, and the Governor officially signed the bill into law on August 17, 2020.

 

With the passage of LB 1107, direct property tax relief from the state to property taxpayers will increase to $650 million per year.  This represents a four-fold increase since Governor Ricketts took office in 2015.

 

Additional photos from Thursday’s signing ceremony can be found by clicking here.

 

###