Revenue

Earlier property tax filing deadline adopted

Senators passed a bill March 1 that changes the late filing date for personal property tax returns.

Currently, taxpayers must meet a July 31 deadline for late personal property tax filings. LB28, introduced by Kearney Sen. Galen Hadley, changes the deadline to June 30. Taxpayers missing the deadline will face a penalty of 25 percent of the tax on the value added.

Senators passed the bill on a 43-0 vote.

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