2013 Nebraska Legislative Update
The First Session of the 103rd Nebraska Legislature convened on January 9, 2013. Baird Holm is actively working on various bills, and we will be tracking many others that may affect our real estate and municipal law clients. After the Legislature completes bill introduction on January 23, 2013, we will send another Dirt Alert with notes on all of the introduced bills that we view as being of interest to our readers.
In particular, we are working on bills involving the removal of sales and use tax burden for wind energy generation facilities, economic development through income tax credits for rehabilitation of historic properties, property taxes for senior living facilities to reflect the current state of the industry, and income tax incentives to draw more wind energy development to Nebraska. We are also aware of proposals to significantly expand the zoning jurisdiction of airport authorities and to set, as a matter of State law, certain height limits for areas up to ten miles from airports, to create statutory authority for a municipal landbank authority, to amend tax increment financing statutes, and to change the requirements relating to annexation of territory.