77-3507 Homesteads; assessment; exemptions; qualified claimants; based on income.
77-3507. Homesteads; assessment; exemptions; qualified claimants; based on income.(1) All homesteads in this state shall be assessed for taxation the same as other property, except that there shall be exempt from taxation on homesteads of qualified claimants a percentage of the exempt amount as limited by section 77-3506.03. The percentage of the exempt amount shall be determined based on the household income of a claimant pursuant to subsections (2) through (4) of this section.(2) For 2000, for a qualified married or closely related claimant, the percentage of the exempt amount for which the claimant shall be eligible shall be the percentage in Column B which corresponds with the claimant's household income in Column A in the table found in this subsection.Column AColumn BHousehold IncomePercentageIn DollarsOf Relief0 through 22,50010022,501 through 23,7008523,701 through 24,9007024,901 through 26,1005526,101 through 27,3004027,301 through 28,5002528,501 and over0(3) For 2000, for a qualified single claimant, the percentage of the exempt amount for which the claimant shall be eligible shall be the percentage in Column B which corresponds with the claimant's household income in Column A in the table found in this subsection.Column AColumn BHousehold IncomePercentageIn DollarsOf Relief0 through 19,20010019,201 through 20,200 8520,201 through 21,2007021,201 through 22,2005522,201 through 23,2004023,201 through 24,2002524,201 and over0(4) For exemption applications filed in calendar year 2001 and each year thereafter, the income eligibility amounts in subsections (2) and (3) of this section shall be adjusted for inflation by the method provided in section 151 of the Internal Revenue Code. The income eligibility amounts shall be adjusted for cumulative inflation since 2000. If any amount is not a multiple of one hundred dollars, the amount shall be rounded to the next lower multiple of one hundred dollars. SourceLaws 1979, LB 65, § 7; Laws 1980, LB 647, § 4; Laws 1981, LB 179, § 19; Laws 1984, LB 956, § 1; Laws 1988, LB 1105, § 2; Laws 1994, LB 902, § 33; Laws 1995, LB 483, § 4; Laws 1997, LB 182, § 4; Laws 1999, LB 179, § 1.