NE LB209

Veterans receiving total disability rating for compensation under 38 C.F.R. 4.16 from the VA are now eligible for 100% homestead property tax exemption, in addition to those with 100% service-connected permanent disability

For-profit skilled nursing facilities, nursing facilities, and assisted-living facilities that house Medicaid beneficiaries qualify for a partial property tax exemption equal to the average percentage of occupied beds provided to Medicaid beneficiaries over the most recent three-year period

The property tax exemption for for-profit care facilities does not modify, limit, or reduce existing exemptions for nonprofit skilled nursing, nursing, or assisted-living facilities

Approved by Governor von Gillern on February 25, 2025 and declared an emergency, taking effect immediately upon passage