Neb. Rev. Stat. § 77-3506.03

Current with changes from the 2024 legislative session enacted on or before 4/18/2024
Section 77-3506.03 - Exempt amount; reduction; when; homestead exemption; limitation

For homesteads valued at or above the maximum value, the exempt amount for any exemption under section 77-3507 or 77-3508 shall be reduced by ten percent for each two thousand five hundred dollars of value by which the homestead exceeds the maximum value and any homestead which exceeds the maximum value by twenty thousand dollars or more is not eligible for any exemption under section 77-3507 or 77-3508. This section shall not apply to any exemption under section 77-3506.

Neb. Rev. Stat. § 77-3506.03

Laws 1995, LB 483, § 1; Laws 2014, LB 1087,§ 4; Laws 2018, LB 1089,§ 8.
Amended by Laws 2018, LB 1089,§ 8, eff. 4/18/2018.
Amended by Laws 2014, LB 1087,§ 4, eff. 1/1/2015.