{"id":36356,"date":"2024-04-11T13:58:19","date_gmt":"2024-04-11T19:58:19","guid":{"rendered":"http:\/\/update.legislature.ne.gov\/?p=36356"},"modified":"2024-04-11T13:58:19","modified_gmt":"2024-04-11T19:58:19","slug":"homestead-exemption-for-partially-disabled-veterans-removed","status":"publish","type":"post","link":"https:\/\/update.legislature.ne.gov\/?p=36356","title":{"rendered":"Homestead exemption for partially disabled veterans removed"},"content":{"rendered":"

Lawmakers gave second-round approval April 10 to a bill related to valuation and property taxes after amending out provisions under which partially disabled veterans could have qualified for a homestead exemption.<\/p>\n

\"Sen.
Sen. Jen Day<\/figcaption><\/figure>\n

As amended on general file, LB126, introduced by Sen. Jen Day of Omaha, would create a new exemption under which claimants would pay a minimum amount of property taxes based on their household income. The exemption would be available to each category of current homestead exemption claimants.<\/p>\n

A veteran who was discharged under honorable conditions, is drawing compensation from the U.S. Department of Veterans Affairs because the veteran is at least 50% disabled due to a service-connected disability and is not eligible for a total homestead exemption also would qualify for the new exemption.<\/p>\n

On select file, Elkhorn Sen. Lou Ann Linehan introduced an amendment, adopted 35-0, to strike the proposed exemption. She said the measure\u2019s fiscal note was \u201cjust too big.\u201d<\/p>\n

The state Department of Revenue estimates that LB126 as amended on the first round of debate would reduce state general fund revenue by $71.3 million in fiscal year 2025-26 and $76.9 million in FY2026-27.<\/p>\n

Linehan said another change in the amendment would allow current homestead exemption recipients to remain eligible for an exemption if a valuation increase pushes the value of their homestead above the allowed maximum.<\/p>\n

LB126 also would update the definition of \u201coccupy\u201d under the homestead exemption program and require county assessors or county clerks to correct the assessment and tax rolls after a final order of an applicable administrative body or court.<\/p>\n

Senators advanced LB126 to final reading by voice vote.<\/p>\n","protected":false},"excerpt":{"rendered":"

Lawmakers gave second-round approval April 10 to a bill related to valuation and property taxes after amending out provisions under which partially disabled veterans could have qualified for a homestead exemption.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[17],"tags":[265],"class_list":["post-36356","post","type-post","status-publish","format-standard","hentry","category-revenue","tag-sen-jen-day"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/posts\/36356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36356"}],"version-history":[{"count":2,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/posts\/36356\/revisions"}],"predecessor-version":[{"id":36360,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/posts\/36356\/revisions\/36360"}],"wp:attachment":[{"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}