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Polk Progress in Polk, Nebraska

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Polk Progress

Location

Polk, Nebraska, United States of America

Date

Oct 15, 1970

Page

14

Nebraska Voter Guide Reveals Multiple Constitutional Amendments

The text outlines proposed measures in Nebraska including repeal of Article VIII section 5 on county mill levies, creation of a seven member Commission on Legislative Compensation, and amendments to Article III and Article V governing legislature terms, salaries, and judicial powers with dates tied to November elections and general state ballots.

Nebraska

Proposed Amendment No 10 Exempts Personal Property From Taxation

A voter position on Proposed Amendment No 10 would let the Legislature exempt all personal property or create classes and exempt some classes from taxation. It would limit additional authority to classify or exempt personal property. The amendment would amend Article VIII section 2 to allow general law exemption for property owned and used for agricultural societies or for educational religious charitable or cemetery purposes when not used for financial gain.

Proposed Amendment No 12 A to Nebraska Constitution

The proposal would let the Legislature decide which agency manages investment of educational trust funds and require legislative approval of Governor appointees to the Board of Educational Lands and Funds. It would keep investment with the Board under legislative direction and remove the need for board member approval by the Legislature. The amendment adds Article VII provisions on management of lands set aside for education. Continued on Page 10.

Board of Educational Lands and Funds

House Tax Exemption Provisions in State Constitution

The text outlines that household goods and personal effects may be tax exempted partially or wholly by general law. It permits the legislature to set value determination formulas, shade value exemptions for land along highways, and VA aided home value exemptions for paraplegic veterans or widows. It also allows expensing life insurance, annuities, pensions, and retirement payments from intangible taxes, and lets classifications or exemptions of personal property, with homestead partial exemption for qualifying owners.

Supreme Court Supreme Nebraska Veterans’ Administration of the United States

Also Mentioned on This Page

State of Commission On Legislative Compensation Ment Home Rule Nebraska Supreme Court Justices of the Peace
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