Neb. Admin. Code § 350-15-003.11 — Change in tax status during the year

003.11A When the tax status of property as determined by the assessor pursuant to REG -15- 004.01 changes between January 1 and on or before levy date, the assessor shall modify their determination to reflect the tax status of the property as of levy date. 003.11B . When the State or a political subdivision purchases property for a public purpose after levy date and on or before lien date, the property shall be exempt from property tax for the current year, because as of lien date there is no taxable property upon which to attach the lien. 003.11B(1) When the State or a political subdivision purchases property for a public purpose upon which exists a lien for a prior taxes, the State or political subdivision take s the property subject to the lien. 003.11C When exempt property of the State or a political subdivision is sold to a non -exempt entity on or after January and on or before levy date , the county board of equalization shall place the property on the tax list retroactive to January 1 of the year the property is sold because as of levy date, there is taxable property upon which to levy a tax. The county board of equalization shall send notice of the assessed value to the record owner. Protests on the ass essed valuation may be filed within thirty days after the mailing of the notice. The procedures for filing a protest shall be as set forth in REG-15-004. Nebraska Department of Revenue Title 350, Chapter 15, Rev. 3/15/09 Property Assessment Division Property Owned by the State and Governmental Subdivisions 6 003.11C(1) The decision of the county board of equalization on a protest must be made within thirty days after the date the protest was filed. 003.11C(2) The county clerk shall mail notice of the board’s decision to the protestor within seven days after the date of the decision. 003.11C(3) The decision of the county board of equalization , may be ap pealed within thirty days after the date of the decision to the Tax Equalization and Review Commission pursuant to Neb. Rev. Stat. Section 77-5013.