This bill amends section 77-3506 of the Revised Statutes Cumulative Supplement, 2024, to modify the provisions regarding homestead exemptions for certain disabled veterans and their surviving spouses. The bill introduces a new exemption for veterans who are at least ten percent but less than one hundred percent disabled due to a service-connected disability, effective January 1, 2026. This exemption allows for a percentage of the exempt amount to be determined by the veteran's disability percentage. Additionally, the bill clarifies that the existing exemptions for veterans and their surviving spouses remain intact, with specific provisions for unremarried spouses and those who remarry after the age of fifty-seven.

The bill also updates the language regarding the application process for these exemptions. It specifies that applications for certain exemptions must be submitted annually, while others will only require certification every five years. The original section 77-3506 is repealed, indicating that the new provisions will replace the previous law. Overall, the bill aims to enhance the support provided to disabled veterans and their families through property tax exemptions.

Statutes affected:
Introduced: 77-3506