Nebraska Revised Statute 77-6702
For purposes of the Nebraska Property Tax Incentive Act:
(1) Allowable growth percentage means the percentage increase, if any, in the total assessed value of all real property in the state from the prior year to the current year, as determined by the department, except that in no case shall the allowable growth percentage exceed five percent in any one year;
(2) Department means the Department of Revenue;
(3) Eligible taxpayer means any individual, corporation, partnership, limited liability company, trust, estate, or other entity that pays school district taxes during a taxable year; and
(4) School district taxes means property taxes levied on real property in this state by a school district or multiple-district school system, excluding any property taxes levied for bonded indebtedness and any property taxes levied as a result of an override of limits on property tax levies approved by voters pursuant to section 77-3444.