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Form a Business

Legislative intent.

Neb. Rev. Stat. § 77-27,229
in effect
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77-27,229. Legislative intent. The Legislature declares that the purpose of allowing taxable income to be reduced by contributions to and earnings from a first-time home buyer savings account is to encourage first-time home ownership through incentivizing saving for a downpayment and closing costs because of the significant financial and civic benefits home ownership provides for this state. Laws 2026, LB803, § 2. Operative Date: July 18, 2026
Source: Nebraska Legislature (nebraskalegislature.gov)URL: https://nebraskalegislature.gov/laws/statutes.php?statute=77-27,229Fetched: 10/20/2026

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