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Bill > LB209


NE LB209

Change provisions relating to homestead exemptions for certain veterans and a property tax exemption for certain facilities


summary

Introduced
01/14/2025
In Committee
01/16/2025
Crossed Over
01/29/2025
Passed
02/21/2025
Dead
Signed/Enacted/Adopted
02/26/2025

Introduced Session

109th Legislature

Bill Summary

A BILL FOR AN ACT relating to revenue and taxation; to amend sections 77-202 and 77-3506, Revised Statutes Cumulative Supplement, 2024; to change provisions relating to homestead exemptions for certain veterans and surviving spouses and a property tax exemption for certain skilled nursing facilities, nursing facilities, and assisted-living facilities; to repeal the original sections; and to declare an emergency.

AI Summary

This bill modifies property tax exemptions for certain veterans, their surviving spouses, and for-profit healthcare facilities. For veterans, the bill clarifies and expands homestead tax exemptions, specifically for those with 100% service-connected permanent disability or total disability ratings, and their surviving spouses. The bill also introduces a new provision for for-profit skilled nursing facilities, nursing facilities, and assisted-living facilities, allowing them a partial property tax exemption proportional to the percentage of Medicaid-covered beds they maintain over a three-year period. Additionally, the bill updates language around the definitions of these facilities and ensures that this new exemption does not impact existing tax exemptions for nonprofit healthcare facilities. The changes aim to provide tax relief for disabled veterans and their families while also offering some financial support to healthcare facilities that serve Medicaid patients. The bill includes an emergency clause, meaning it will take effect immediately upon passage and approval.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Approved by Governor on February 25, 2025 (on 02/26/2025)

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