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 eighty percent disabled but less than one hundred percent disabled due to a service-connected disability, effective January 1, 2026. The exemption allows for a percentage of the exempt amount to be determined by the veteran's disability percentage. Additionally, the language has been updated to clarify the categories of individuals eligible for these exemptions, including unremarried surviving spouses of veterans and servicemen.

The bill also specifies that applications for exemptions must be submitted annually for certain categories, while others will 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 The original section 77-3506 is repealed, indicating that the new provisions will replace the previous law.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 by expanding the criteria for homestead tax exemptions.

Statutes affected:
Introduced: 77-3506