Gov. Ricketts Unveils New Property, Income Tax Plan

LINCOLN — Gov. Pete Ricketts unveiled a new tax package Wednesday that would boost credits for Nebraska residents who own homes and farmland, lower the state’s top income tax rates and expand job-training programs.

The governor outlined a proposal in his State of the State address that would focus more property tax benefits on in-state residents by excluding out-of-state landowners who don’t file income tax returns but still receive property tax credits.

The new initiative follows complaints from farm and ranching groups that their property tax bills have soared.

“We must help our farmers and...