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NE LB693

NE LB693
Change provisions relating to motor vehicle tax exemptions, motor vehicle fee exemptions, and property tax exemptions for certain veterans


summary

Introduced
01/05/2022
In Committee
01/10/2022
Crossed Over
Passed
Dead
04/20/2022

Introduced Session

107th Legislature

Bill Summary

A BILL FOR AN ACT relating to revenue and taxation; to amend sections 60-3,184, 60-3,185, 60-3,189, 60-3,190, 77-202.23, and 77-202.24, Reissue Revised Statutes of Nebraska; to define and redefine terms; to change provisions relating to motor vehicle tax exemptions, motor vehicle fee exemptions, and property tax exemptions for certain veterans; to harmonize provisions; to provide an operative date; and to repeal the original sections.

AI Summary

This bill amends several sections of Nebraska's Revised Statutes to change provisions relating to motor vehicle tax exemptions, motor vehicle fee exemptions, and property tax exemptions for certain veterans. The key provisions include: 1. Defining new terms such as "blind veteran," "disability rating," and "disabled veteran." 2. Providing a 100% motor vehicle tax exemption for disabled veterans with a disability rating over 75%, with partial exemptions for lower disability ratings. 3. Extending the property tax exemption for mobile homes owned and occupied by blind or disabled veterans to include disabled veterans with a disability rating of at least 10%. 4. Harmonizing these changes across the affected statutes and providing an operative date of January 1, 2023.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Indefinitely postponed (on 04/20/2022)

bill text


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