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Property tax bill aimed at farm homes stalls in Nebraska

LINCOLN, Neb. (AP) — A bill that would have given a property tax exemption to Nebraska farm homes has stalled in the Legislature.

Senators agreed Tuesday to shelve the bill for the rest of the year amid criticism that it only would have benefited rural Nebraska residents.

Lawmakers still have to debate a larger bill that would provide a tax credit for farm and ranch landowners and impose budget restrictions on community colleges.

Some senators say the Legislature hasn't done enough to lower taxes for all businesses and individuals, and argued that the debate has pitted urban lawmakers against rural lawmakers.

The bill was introduced by Sen. Lydia Brasch of Bancroft.

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