LB484

Nebraska LB484 redefines agricultural and horticultural land for property tax assessment.

Nebraska LB484 amends the definition of agricultural and horticultural land for property tax assessment purposes. It specifies that such land must be primarily used for commercial production of plant or animal products in a raw or unprocessed state. The bill excludes land used for non-agricultural commercial purposes, such as solar or wind farms. It also clarifies that the determination of whether land is primarily used for agricultural or horticultural purposes is not affected by whether the land is platted, subdivided, or developed with improvements.