77-6702. Terms, defined.For purposes of the Nebraska Property Tax Incentive Act:(1) Community college taxes means property taxes levied on real property in this state by a community college area, excluding the following:(a) Any property taxes levied for bonded indebtedness;(b) Any property taxes levied as a result of an override of limits on property tax levies approved by voters pursuant to section 77-3444; and(c) Any property taxes that, as of the time of payment, were delinquent for five years or more;(2) Department means the Department of Revenue;(3) Eligible taxpayer means any individual, corporation, partnership, limited liability company, trust, estate, or other entity that pays school district taxes or community college taxes during a taxable year; and(4) School district taxes means property taxes levied on real property in this state by a school district or multiple-district school system, excluding the following:(a) Any property taxes levied for bonded indebtedness;(b) Any property taxes levied as a result of an override of limits on property tax levies approved by voters pursuant to section 77-3444; and(c) Any property taxes that, as of the time of payment, were ) Any property taxes levied as a result of an override of limits on property tax levies approved by voters pursuant to section 77-3444; and(c) Any property taxes that, as of the time of payment, were delinquent for five years or more.Source Laws 2020, LB1107, § 112; Laws 2022, LB873, § 5; Laws 2023, LB243, § 17; Laws 2023, LB727, § 98; Laws 2024, First Spec. Sess., LB34, § 27. Effective Date: August 21, 2024
Nebraska Legal Code