Nebraska lawmakers are deliberating on Legislative Resolution 2CA, a proposed constitutional amendment that would allow for different valuation processes for owner-occupied housing compared to commercial properties. Introduced by State Sen. Tom Brandt, the measure aims to address property tax disparities, as agricultural land is currently valued at 75% of market value while most other properties are assessed at 100%. Despite some senators expressing concerns about the timing of the proposal ahead of elections, the Revenue Committee advanced the resolution, which could be placed on the ballot for voter approval in 2026. If successful, the amendment would grant the Legislature the authority to set new valuation rates, though it does not require them to take action. Supporters argue that this step is essential for providing future tax relief, while critics caution about potential unintended consequences for other property types. Legislative leaders, including Gov. Jim Pillen, have shown openness to exploring this approach as part of broader property tax reform efforts.