Gov. Pete Ricketts tells lawmakers they had a successful legislative session, because they worked together.
Ricketts is especially pleased his property tax relief package passed.
“This was my top priority as we walked into the session in January and I can’t tell you how grateful I am to be able to work with not only the Revenue Committee and the Education Committee, but everybody who had a hand in making that happen,” Ricketts says in his end-of-the session speech to legislators.
The package provides $20 million in tax credits to agricultural property owners. It also makes changes to the school funding formula to take pressure of school districts to increase their levies.
Ricketts says he’s pleased with the passage of the Transportation Innovation Act.
“Which will help us continue the great work we’re already doing,” according to Ricketts.
The act authorizes the transfer of $50 million from cash reserves to combine with other funds to create a $450 million infrastructure bank. It will be used to speed up construction of the state expressway system, help counties upgrade deteriorating bridges, and aid in paying for local economic development projects.
Ricketts chooses to focus on the positive even after addressing lawmakers who overrode his veto of LB 947, the DACA licensing bill.
“Yes, if you look back upon this, we’ve had a successful session. And I look forward to building upon the work we’ve done here as we go into next year, as we continue to work on the key issues for our people.”
AUDIO: Gov. Pete Ricketts’ end-of-the-session address. [10:20]