Neb. Rev. Stat. § 77-6702

Current with changes through the 2024 First Special Legislative Session

Section 77-6702 - Terms, defined

For purposes of the Nebraska Property Tax Incentive Act:

(1) Community college taxes means property taxes levied on real property in this state by a community college area, excluding the following:

(a) Any property taxes levied for bonded indebtedness;

(b) Any property taxes levied as a result of an override of limits on property tax levies approved by voters pursuant to section 77-3444; and

(c) Any property taxes that, as of the time of payment, were delinquent for five years or more;

(2) Department means the Department of Revenue;

(3) Eligible taxpayer means any individual, corporation, partnership, limited liability company, trust, estate, or other entity that pays school district taxes or community college taxes during a taxable year; and

(4) School district taxes means property taxes levied on real property in this state by a school district or multiple-district school system, excluding the following:

(a) Any property taxes levied for bonded indebtedness;

(b) Any property taxes levied as a result of an override of limits on property tax levies approved by voters pursuant to section 77-3444; and

(c) Any property taxes that, as of the time of payment, were delinquent for five years or more.

Neb. Rev. Stat. § 77-6702

Laws 2020, LB 1107, § 112; Laws 2022, LB 873, § 5; Laws 2023, LB 243, § 17; Laws 2023, LB 727, § 98.

Amended by Laws 2024SP1, LB 34,§ 27, eff. 8/21/2024.

Amended by Laws 2023, LB 727,§ 98, eff. 6/7/2023, op. 9/2/2023.

Amended by Laws 2023, LB 243,§ 17, eff. 5/27/2023, op. 9/2/2023.

Amended by Laws 2022, LB 873,§ 5, eff. 7/21/2022.

Added by Laws 2020, LB 1107,§ 112, eff. 8/17/2020.