Statutes, codes, and regulations
Nebraska Administrative Code
REVENUE, DEPARTMENT OFTitle 350 - Nebraska Department of Revenue, Property Assessment Division
Chapter 45 - Homestead Exemption Regulations
Section 350-45-001 - PURPOSE OF THE HOMESTEAD EXEMPTION

350 Neb. Admin. Code, ch. 45, § 001

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Current through September 17, 2024
Section 350-45-001 - PURPOSE OF THE HOMESTEAD EXEMPTION
001.01 The homestead exemption provides qualified homeowners with a measure of property tax relief. Revenue lost from this exemption is reimbursed to local taxing subdivisions by the state with funds appropriated by the Legislature from the General Fund.

350 Neb. Admin. Code, ch. 45, § 001