Interim study to examine the assessment of agricultural land value based on potential income and determine whether such method of assessment is the best way to properly assess agricultural land

Summary

The resolution orders the Legislature’s Revenue Committee to conduct an interim study on whether assessing agricultural land based on its potential income is the best method. It will consult the Nebraska Farm Bureau, the University of Nebraska‑Lincoln, the Governor’s Policy Research Office and other experts, then report findings and recommendations. The study aims to inform future legislation on land assessment.

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