Nebraska LB425 amends homestead exemption rules for disabled veterans and surviving spouses.

Nebraska LB425 modifies homestead exemption provisions for certain disabled veterans and surviving spouses. It exempts from taxation the homesteads of veterans with at least 80% disability and surviving spouses of veterans who died due to service-connected disabilities. It also exempts unremarried surviving spouses of veterans who remarry after age 57. The exemption percentage for disabled veterans is based on their disability rating.

Nebraska LB425 amends homestead exemption rules for disabled veterans and surviving spouses.

Nebraska LB425 modifies homestead exemption provisions for certain disabled veterans and surviving spouses. It exempts from taxation the homesteads of veterans with at least 80% disability and surviving spouses of veterans who died due to service-connected disabilities. It also exempts unremarried surviving spouses of veterans who remarry after age 57. The exemption percentage for disabled veterans is based on their disability rating.