LB194

Change provisions relating to a documentary stamp tax exemption

Complete·2/26/25

Nebraska LB194 amends documentary stamp tax exemptions for certain deeds.

Nebraska LB194 modifies the documentary stamp tax exemptions by updating the list of deeds exempt from the tax. The bill specifies exemptions for deeds related to family transfers, nonprofit organizations, and other specific circumstances. It also repeals the original section and replaces it with the updated list.

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  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Sponsors

N
1
0
Democratic CaucusRepublican Caucus

Roll Call Votes

47 Yea

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0 Nay

2 Absent

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Calendar

Jan 22, 2025

1:30 PM

Hearing

Jan 22, 2025

1:30 PM

Revenue Hearing

History

Feb 26, 2025

Legislature

Approved by Governor on February 25, 2025

Feb 21, 2025

Legislature

Passed on Final Reading 47-0-2

Feb 21, 2025

Legislature

President/Speaker signed