{"data":{"id":"us-ne/neb.-rev.-stat.-77-3501.01","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 77-3501.01","heading":"Exempt amount, defined.","body":"(1) For purposes of section 77-3507, exempt amount shall mean the lesser of (a) the taxable value of the homestead or (b) one hundred percent of the average assessed value of single-family residential property in the claimant's county of residence as determined in section 77-3506.02 or forty thousand dollars, whichever is greater.\n(2) For purposes of section 77-3508, exempt amount shall mean the lesser of (a) the taxable value of the homestead or (b) one hundred twenty percent of the average assessed value of single-family residential property in the claimant's county of residence as determined in section 77-3506.02 or fifty thousand dollars, whichever is greater.\n(3) For purposes of section 77-3506, exempt amount shall mean the taxable value of the homestead.","path":["Chapter 77 - REVENUE AND TAXATION"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=77-3501.01","current_through":"Laws 2026","vintage":"","retrieved_at":"2026-09-17T21:01:11Z","sha256":"a49f49fcc2462a4f64fbf19f3446c2c2b837ed087c1b97e16ebc71cb01dce155","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-77-3501","next":"us-ne/neb.-rev.-stat.-77-3501.02"},"notice":"GroundRules: Original legal text. Not legal advice."}