Neb. Admin. Code § 350-14-006.05 — Assessment of agricultural land and horticultural land

006.05A Valuations shall be developed in consideration of land capability group and market area, within a county in order to v alue all property at or near the statutorily required level of value. 006.05B Land which has been determined to meet the definition of being agricultural land or horticultural land in use shall be assessed at seventy-five (75) percent of the market value. Nebraska Department of Revenue Title 350, Chapter 14, Rev. 3/15/09 Property Assessment Division Agricultural Land and Horticultural Land Assessment Regulations 20 006.05C Land not meeting the definition of agricultural land or horticultural land in use shall be assessed at one hundred (100) percent of the market value. (Neb. Rev. Stat. Section 23-304, R.R.S. 1997, Neb. Rev. Stat. Section 57-236, R.R.S. 2004, Neb. Rev. Stat. Sections 76-2,111, 76-2,112, 76-2,113 through 76 -2,118, 77-102, 77-1306.01 and 77-1329, R.R.S. 2003 , Neb. Rev. Stat. Section s 77 -1301, 77 -1303, 77 -1343, 77 -1363 and 77 -1379, R.S. Supp., 2006 and Neb. Rev. Stat. Sections 77-103, 77-201, 77-1344 and 77-1345, R.S. Supp., 2007.)