Nebraska 109th Legislature (2025-2026) Status: Enacted

LB 501 — Change provisions relating to the assessment of real property that suffers significant property damage

Last action — Approved by Governor on April 7, 2025

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Legislature
  4. ✓
    To Executive
  5. 5
    Enacted

This bill has been enacted into law. Introduced January 21, 2025. Enacted.

Signed by Governor Jim Pillen (Republican) on April 08, 2025.

Odds of enactment

High chance

Based on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Likely to advance 70% · moderate confidence

  • Enacted

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Cleared a recorded vote

    Passed 2 recorded votes so far.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Bill Text

What changed in the latest version

138 added · 157 removed

Plain-language change summary

The updated version of Bill LB 501 has made several key changes regarding property tax assessments for real estate that has suffered significant damage. Specifically, the bill clarifies how the assessed value of damaged property will be adjusted and eliminates some outdated terms. This matters because it aims to streamline the assessment process, ensuring property owners receive timely and accurate notifications about their property valuations, especially in larger counties. Additionally, these changes help ensure that tax assessments reflect current property conditions, providing fairness to property owners during difficult times.

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LB501 LB501 2025 LEGISLATURE OF NEBRASKA ONE HUNDRED NINTH LEGISLATURE FIRST SESSION LEGISLATIVE BILL 501 FINAL READING   Introduced by Meyer, 17.
LB501 LB501 2025 LEGISLATIVE BILL 501 Approved by the Governor April 7, 2025   Introduced by Meyer, 17.
Read first time January 21, 2025 Committee:
  A BILL FOR AN ACT relating to property taxes;
Revenue A BILL FOR AN ACT relating to property taxes;
Be it enacted by the people of the State of Nebraska, -1- LB501 LB501 2025 Section 1.
Be it enacted by the people of the State of Nebraska, Section 1.
(a) Calamity means a disastrous event, including, but not limited to, a fire, an earthquake, a flood, a tornado, or other natural event -2- LB501 LB501 2025 which significantly affects the assessed value of real property;
(a) Calamity means a disastrous event, including, but not limited to, a fire, an earthquake, a flood, a tornado, or other natural event which significantly affects the assessed value of real property;
(2) If the damaged destroyed real property was a mobile home that was moved pursuant to section 77-3708 and required to pay an accelerated tax pursuant to section 77-1725.01, the property owner shall report the -3- LB501 LB501 2025 damaged destroyed real property on or before July 15 in the same manner as other real property.
(2) If the damaged destroyed real property was a mobile home that was moved pursuant to section 77-3708 and required to pay an accelerated tax pursuant to section 77-1725.01, the property owner shall report the damaged destroyed real property on or before July 15 in the same manner as other real property.
(3) The county assessor shall inspect and review all properties for which a report has been filed under this section and shall submit a comprehensive report of all such properties to the county board of equalization on or before July 20 of the current assessment year.
(3) The county assessor shall inspect and review all properties for which a report has been filed under this section and shall submit a comprehensive -1- LB501 LB501 2025 report of all such properties to the county board of equalization on or before July 20 of the current assessment year.
Any action of the county board of equalization which changes the assessed value of damaged -4- LB501 LB501 2025 destroyed real property pursuant to this section shall be for the current assessment year only.
Any action of the county board of equalization which changes the assessed value of damaged destroyed real property pursuant to this section shall be for the current assessment year only.
77-1725.01 Except in any city or village that has adopted a building code with provisions for demolition of unsafe buildings or structures, it shall be the duty of any assessor, sheriff, constable, city council member, and village trustee to at once inform the county treasurer of the removal or demolition of or a levy of attachment upon any item of real property known to him or her.
77-1725.01 Except in any city or village that has adopted a building code with provisions for demolition of unsafe buildings or structures, it shall be the duty of any assessor, sheriff, constable, city council member, and village trustee to at once inform the county treasurer of the removal or demolition of or a levy of attachment upon any item of real property known to him or her.
Except for property considered to be damaged destroyed real property as defined in section 77-1307, it shall -5- LB501 LB501 2025 be the duty of the county treasurer to immediately proceed with the collection of any delinquent or current taxes when such acts become known to him or her in any manner.
Except for property considered to be damaged destroyed real property as defined in section 77-1307, it shall be the duty of the county treasurer to immediately proceed with the collection of any delinquent or current taxes when such acts become known to him or her in any manner.
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Action History

  1. Approved by Governor on April 7, 2025

  2. Dispensing of reading at large approved

  3. Passed on Final Reading with Emergency Clause 47-0-2

  4. President/Speaker signed

  5. Presented to Governor on April 3, 2025

  6. Placed on Final Reading

  7. Advanced to Enrollment and Review for Engrossment

  8. Placed on Select File

  9. Advanced to Enrollment and Review Initial

  10. Placed on General File

  11. Notice of hearing for February 05, 2025

  12. Referred to Revenue Committee

  13. Date of introduction

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 48 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (48)

48 members have not signed on to this bill.

Show all 48 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Passed on Final Reading with Emergency Clause 47-0-2

Passed 47 Yea · 0 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 47002
Total 47002
% of votes cast 96%0%0%4%
How each member voted (49)
Member Party Vote
McKeon — Yea
Meyer — Yea
Ashlei Spivey — Yea
Barry DeKay — Yea
Beau Ballard — Yea
Ben Hansen — Yea
Bob Andersen — Yea
Bob Hallstrom — Yea
Brian Hardin — Yea
Carolyn Bosn — Yea
Christy Armendariz — Yea
Dan Lonowski — Yea
Dan Quick — Yea
Danielle Conrad — Yea
Dave Murman — Yea
Dave Wordekemper — Yea
Dunixi Guereca — Not Voting
Eliot Bostar — Yea
George Dungan — Yea
Jana Hughes — Yea
Jane Raybould — Yea
Jared Storm — Yea
Jason Prokop — Yea
John Arch — Yea
John Cavanaugh — Yea
John Fredrickson — Yea
Kathleen Kauth — Yea
Loren Lippincott — Yea
Machaela Cavanaugh — Yea
Margo Juarez — Yea
Megan Hunt — Yea
Merv Riepe — Yea
Mike Jacobson — Yea
Mike Moser — Yea
Myron Dorn — Yea
Paul Strommen — Yea
R. Brad von Gillern — Yea
Rick Holdcroft — Yea
Rita Sanders — Yea
Robert Clements — Yea
Robert Dover — Yea
Stan Clouse — Yea
Tanya Storer — Yea
Teresa Ibach — Yea
Terrell McKinney — Not Voting
Tom Brandt — Yea
Tony Sorrentino — Yea
Victor Rountree — Yea
Wendy DeBoer — Yea

Official roll call →

Advanced to Enrollment and Review Initial

Passed 38 Yea · 0 Nay · 11 Other
Party YeaNayPresentNot Voting
Unaffiliated 380011
Total 380011
% of votes cast 78%0%0%22%
How each member voted (49)
Member Party Vote
McKeon — Yea
Meyer — Yea
Ashlei Spivey — Yea
Barry DeKay — Not Voting
Beau Ballard — Yea
Ben Hansen — Yea
Bob Andersen — Yea
Bob Hallstrom — Yea
Brian Hardin — Not Voting
Carolyn Bosn — Yea
Christy Armendariz — Yea
Dan Lonowski — Yea
Dan Quick — Yea
Danielle Conrad — Not Voting
Dave Murman — Yea
Dave Wordekemper — Not Voting
Dunixi Guereca — Yea
Eliot Bostar — Yea
George Dungan — Yea
Jana Hughes — Not Voting
Jane Raybould — Yea
Jared Storm — Yea
Jason Prokop — Yea
John Arch — Yea
John Cavanaugh — Yea
John Fredrickson — Yea
Kathleen Kauth — Yea
Loren Lippincott — Yea
Machaela Cavanaugh — Not Voting
Margo Juarez — Not Voting
Megan Hunt — Not Voting
Merv Riepe — Not Voting
Mike Jacobson — Yea
Mike Moser — Yea
Myron Dorn — Yea
Paul Strommen — Yea
R. Brad von Gillern — Yea
Rick Holdcroft — Yea
Rita Sanders — Yea
Robert Clements — Yea
Robert Dover — Not Voting
Stan Clouse — Not Voting
Tanya Storer — Yea
Teresa Ibach — Yea
Terrell McKinney — Yea
Tom Brandt — Yea
Tony Sorrentino — Yea
Victor Rountree — Yea
Wendy DeBoer — Yea

Official roll call →

Subjects

taxation housing
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors LB 501?
LB 501 is sponsored by Glen Meyer.
What is the current status of LB 501?
This bill has been enacted into law. Introduced January 21, 2025. Enacted.
Where can I track LB 501?
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