NE LB81

Extends the school district property tax credit program through taxable year 2024 (previously set to end after 2023), allowing eligible taxpayers to claim refundable credits against income or franchise taxes for school district property taxes paid

Adds new definition of "allowable growth percentage" as the year-over-year percentage increase in total assessed value of all real property statewide, as determined by the Department of Revenue

Sets calendar year 2024 credit amount at the prior year's maximum credits increased by the allowable growth percentage (2022 credits were capped at $548 million; 2023 at $560.7 million)

Declares an emergency clause, meaning the act takes effect immediately upon passage and approval rather than following standard effective date timelines