Nebraska Administrative Code
Topic - REVENUE, DEPARTMENT OF
Title 350 - Nebraska Department of Revenue, Property Assessment Division
Chapter 45 - Homestead Exemption Regulations
Section 350-45-001 - PURPOSE OF THE HOMESTEAD EXEMPTION

Universal Citation: 350 NE Admin Rules and Regs ch 45 § 001

Current through September 17, 2024

001.01 The homestead exemption provides qualified homeowners with a measure of property tax relief. Revenue lost from this exemption is reimbursed to local taxing subdivisions by the state with funds appropriated by the Legislature from the General Fund.

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Nebraska Administrative CodeTopic - REVENUE, DEPARTMENT OFTitle 350 - Nebraska Department of Revenue, Property Assessment DivisionChapter 45 - Homestead Exemption RegulationsSection 350-45-001 - PURPOSE OF THE HOMESTEAD EXEMPTION

Nebraska Administrative Code
Topic - REVENUE, DEPARTMENT OF
Title 350 - Nebraska Department of Revenue, Property Assessment Division
Chapter 45 - Homestead Exemption Regulations
Section 350-45-001 - PURPOSE OF THE HOMESTEAD EXEMPTION