This bill amends sections 77-2007.03 and 77-2010 of the Reissue Revised Statutes of Nebraska to introduce an inheritance tax exemption for victims of homicide. It allows any interested party to file an application for this exemption with the Department of Revenue if the decedent is determined to be a victim of homicide. The bill specifies that property passing from a decedent who is a homicide victim will be exempt from inheritance tax, and it outlines the criteria for determining if a decedent is a homicide victim, including a presumption of victim status if the perpetrator is convicted of homicide-related offenses. This exemption applies to decedents dying on or after June 1, 2026.

Additionally, the bill modifies the timeline for when inheritance taxes are due. It establishes that if an application for the inheritance tax exemption is filed within twelve months of the decedent's death, the tax will be due twelve months after it is determined that the decedent is not a homicide victim. The bill also maintains penalties for late filing and non-payment of taxes, while allowing for the abatement of penalties under certain circumstances. The original sections of the statutes are repealed, and the act is set to take effect immediately upon passage.

Statutes affected:
Introduced: 77-2007.03, 77-2010