Opinion No. (1979)

REQUESTED BY: Dear Senator Carsten:

You have asked certain questions in regard to LB 285, 86th Legislature, First Session 1979. You state that you are attempting take action on this bill which would delete provisions (1)(a) and (1)(b) of LB 1, 85th Legislature, First Special Session 1978.

In your first question you asked: `As used in LB 1, 1978 Special Session, what is an ad valorem tax?' As you correctly point out, LB 1 places a seven percent limitation upon that portion of the budget funded by ad valorem taxation of political subdivisions. Section 1(3) in part defines the portion of the…