Legislative Bill 36 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. This 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 who meet specific criteria.

The bill also specifies that applications for exemptions must be submitted annually for certain categories, while others will only require certification every five years. The original section 77-3506 is repealed, indicating a complete overhaul of the existing law to incorporate these changes. Overall, the bill aims to enhance the benefits available to disabled veterans and their families by broadening the scope of homestead tax exemptions.

Statutes affected:
Introduced: 77-3506