Eliminate a sunset date relating to an income tax credit for the purchase of certain residential property

LB 566 removes an expiration date for Nebraska's refundable income tax credit for qualifying homebuyers. The bill specifically targets Section 77-2715.07(2)(b), which provides a credit equal to 100% of the federal credit for individuals with federal adjusted gross income under $29,000. This change makes the credit permanent for eligible low-to-moderate income residents purchasing residential property in Nebraska. The bill does not alter the credit amount, eligibility requirements, or other provisions of the tax credit.