Dirt Alert

IRS Clarifies Which Tax-Exempt Entities Qualify for “Direct Pay” In Lieu of Clean-Energy Tax Credits

on Wednesday, 18 October 2023 in Dirt Alert: David C. Levy, Editor

Proposed IRS regulations clarify that political subdivisions, electrical cooperatives and other tax-exempt entities qualify to receive direct payments in lieu of clean-energy tax credits. The Internal Revenue Service (“IRS”) recently proposed regulations that clarify which entities qualify for the “direct pay” benefit under the Inflation Reduction Act (“IRA”). These credits […]

Impacts of Wind and Solar Energy Development on Property Taxes and Rural Economies in Nebraska

on Thursday, 5 October 2023 in Dirt Alert: David C. Levy, Editor

This report, prepared by Partner David Levy and Associate Lee Greenwald, reviews the benefits of of renewable energy in Nebraska. View the full report here: Impacts of Wind and Solar Energy Development on Property Taxes and Rural Economies in Nebraska

Nebraska Supreme Court: Lack of Control Over Corporation at Relevant Times Prevents Corporate Veil Piercing

on Tuesday, 15 August 2023 in Dirt Alert: David C. Levy, Editor

407 N 117 Street v. Harper, 314 Neb. 843 (2023). 407 N 117 Street, LLC (“407”) leased property to Planet Group for a 7-year term. Planet Group later exercised a lease option for an additional 5-year term. Eventually Planet Group stopped making lease payments to 407. 407 sued Planet Group […]

Nebraska Supreme Court: Mandatory Bench Trials for Residential Evictions May Violate Constitutional Jury Guarantee

on Tuesday, 15 August 2023 in Dirt Alert: David C. Levy, Editor

NP Dodge Mgmt. Co. v. Holcomb, 314 Neb. 748 (2023). The Nebraska Uniform Residential Landlord and Tenant Act (“Act”) provides an expedited trial process for residential evictions. Evictions begin when the landlord issues the tenant a notice of termination. Neb. Rev. Stat. §§ 76-1431 & 76-1437. After the statutory notice […]

108TH NEBRASKA LEGISLATURE, FIRST SESSION – LEGISLATURE ADJOURUNS SINE DIE

on Wednesday, 5 July 2023 in Dirt Alert: David C. Levy, Editor

The First Session of the 108th Legislature adjourned sine die on June 1, 2023. In our updates during bill introduction (available here and here), we identified 91 bills relating to economic development, energy and renewable energy, government and municipal law, real estate and financial transactions, tax increment financing, taxation and telecommunications. This chart provides the status of […]