Nebraska § 77-3501.01 Exempt amount, defined

Nebraska Statutes

§ 77-3501.01 — Exempt amount, defined

Nebraska § 77-3501.01

Ch. 77Revenue and Taxation

This text of Nebraska § 77-3501.01 (Exempt amount, defined) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 77-3501.01 (2026).

Text

(1)For purposes of section 77-3507 , exempt amount shall mean the lesser of (a) the taxable value of the homestead or (b) one hundred percent of the average assessed value of single-family residential property in the claimant's county of residence as determined in section 77-3506.02 or forty thousand dollars, whichever is greater.

(2)For purposes of section 77-3508 , exempt amount shall mean the lesser of (a) the taxable value of the homestead or (b) one hundred twenty percent of the average assessed value of single-family residential property in the claimant's county of residence as determined in section 77-3506.02 or fifty thousand dollars, whichever is greater.

(3)For purposes of section 77-3506 , exempt amount shall mean the taxable value of the homestead.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) For purposes of section 77-3507 , exempt amount shall mean the lesser of (a) the taxable value of the homestead or (b) one hundred percent of the average assessed value of single-family residential property in the claimant's county of residence as determined in section 77-3506.02 or forty thousand dollars, whichever is greater.
(2) For purposes of section 77-3508 , exempt amount shall mean the lesser of (a) the taxable value of the homestead or (b) one hundred twenty percent of the average assessed value of single-family residential property in the claimant's county of residence as determined in section 77-3506.02 or fifty thousand dollars, whichever is greater.
(3) For purposes of section 77-3506 , exempt amount shall mean the taxable value of the homestead.