Maximum value, defined.

Neb. Rev. Stat. § 77-3505.02 — under REVENUE AND TAXATION.

Neb. Rev. Stat. § 77-3505.02

Maximum value shall mean: (1) For applicants eligible under section 77-3507, two 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 ninety-five thousand dollars, whichever is greater; and (2) For applicants eligible under section 77-3508, two hundred twenty-five 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 one hundred ten thousand dollars, whichever is greater.