Renames the School District Property Tax Relief Act to the Live Here Thrive Here Act and the related fund to the Live Here Thrive Here Credit Fund.

Nebraska LB990 renames the School District Property Tax Relief Act to the Live Here Thrive Here Act and the related fund to the Live Here Thrive Here Credit Fund. It also changes the distribution of property tax credits. The bill sets minimum amounts of relief for tax years 2024 through 2030, with increases each year. It mandates the State Treasurer to transfer funds to the Live Here Thrive Here School District Property Tax Relief Credit Fund and requires the Property Tax Administrator to disburse funds to counties for property tax relief.

Renames the School District Property Tax Relief Act to the Live Here Thrive Here Act and the related fund to the Live Here Thrive Here Credit Fund.

Nebraska LB990 renames the School District Property Tax Relief Act to the Live Here Thrive Here Act and the related fund to the Live Here Thrive Here Credit Fund. It also changes the distribution of property tax credits. The bill sets minimum amounts of relief for tax years 2024 through 2030, with increases each year. It mandates the State Treasurer to transfer funds to the Live Here Thrive Here School District Property Tax Relief Credit Fund and requires the Property Tax Administrator to disburse funds to counties for property tax relief.