LINCOLN— Nebraska lawmakers examined potential reforms to tax-increment financing (TIF) during a hearing led by Sen. Danielle Conrad. Critics raised concerns about TIF’s growing use, its impact on property taxes and the designation of neighborhoods as “blighted and substandard.” Supporters emphasized its role in encouraging economic development. Proposed changes included improving neighborhood notification and allowing property values to increase during TIF repayment periods. The discussion could lead to legislation in 2027.

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