To receive a homestead or farmstead exclusion, a Pennsylvania resident must submit an application to the county assessor prior to March 1. Nebraska Homestead Exemption.Nebraska Homestead Exemption Application, Form 458. A homestead exemption can benefit homeowners if one spouse in a twoincome household dies. The Taxpayer Relief Act provides for property tax reduction allocations to be distributed to school districts through a "homestead or farmstead exclusion." Additional exemptions are available for veterans. President Abraham Lincoln signed the Homestead Act on May 20, 1862. Instead, sign up for the subscription service at revenue.nebraska. Gov to get updates on your topics of interest. Digital copies of original Homestead Act documents can be found in the National Archives Catalog.