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Nebraska Revised Statutes — Chapter 77 (Revenue and Taxation)

Neb. Rev. Stat. § 77-6702

Terms, defined

Official textnebraskalegislature.gov

For purposes of the Nebraska Property Tax Incentive Act:

# (1)

Community college taxes means property taxes levied on real property in this state by a community college area, excluding the following:

# (a)

Any property taxes levied for bonded indebtedness;

# (b)

Any property taxes levied as a result of an override of limits on property tax levies approved by voters pursuant to section 77-3444 ; and (c) Any property taxes that, as of the time of payment, were delinquent for five years or more;

# (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 or community college 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 the following:

# (a)

Any property taxes levied for bonded indebtedness;

# (b)

Any property taxes levied as a result of an override of limits on property tax levies approved by voters pursuant to section 77-3444 ; and (c) Any property taxes that, as of the time of payment, were delinquent for five years or more

Last amended: Source Laws 2020, LB1107, § 112; Laws 2022, LB873, § 5; Laws 2023, LB243, § 17; Laws 2023, LB727, § 98; Laws 2024, First Spec. Sess., LB34, § 27. Frequent Questions Americans with Disabilities Act Notice Privacy Policy Glossary of Terms Contact Us Disclaimer OFFICIAL NEBRASKA GOVERNMENT WEBSITE Copyright © Nebraska Legislature, all rights reserved.

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In this chapter (40 sections)
  1. 77-5801.01 · Legislative findings
  2. 77-5802 · Business firm, defined
  3. 77-5803 · Research tax credit; amount
  4. 77-5804 · Research tax credit; use; interest
  5. 77-6309 · Repealed
  6. 77-6310 · Rules and regulations
  7. 77-6401 · Act, how cited
  8. 77-6402 · Qualified judgment, defined
  9. 77-6403 · Imposition of sales and use tax; procedure; Tax Commissioner;…
  10. 77-6404 · Imposition of sales and use tax; limitation
  11. 77-6405 · Property tax levy; required
  12. 77-6406 · Act, termination
  13. 77-6605 · Program certification application; consideration; limitations
  14. 77-6606 · Tax credit; application; contents; requirements; approval;…
  15. 77-6607 · Tax credit; amount; use; how claimed
  16. 77-6608 · Tax credit; reduction, termination, or rescission; repayment…
  17. 77-6609 · Trade secret; confidentiality
  18. 77-6610 · Reports
  19. 77-6611 · Rules and regulations
  20. 77-6701 · Act, how cited
  21. 77-6702 · Terms, defined
  22. 77-6703 · Tax credit for school district taxes paid
  23. 77-6704 · Tax credit; refundable; procedure for certain taxpayers
  24. 77-6705 · Rules and regulations
  25. 77-6706 · Tax credit for community college taxes paid
  26. 77-6911 · Performance period, defined
  27. 77-6912 · Qualified location, defined
  28. 77-6913 · Qualified property, defined
  29. 77-6914 · Ramp-up period, defined
  30. 77-6915 · Related taxpayers, defined
  31. 77-6916 · Taxpayer, defined
  32. 77-6917 · Wages, defined
  33. 77-6918 · Year, defined
  34. 77-6919 · Incentives; application; contents; fee; approval; conditions;…
  35. 77-6920 · Tax credits; conditions; amounts; teleworker; treatment
  36. 77-6921 · Existing business acquisition, disposal, reorganization, or…
  37. 77-6922 · Tax credits; use
  38. 77-6923 · Tax credits; recapture; amount; deadline
  39. 77-6924 · Employees; verification of status required; exclusions
  40. 77-6925 · Incentives; transfer; when
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