The First Regular Session of the 108th Nebraska Legislature convened on January 4, 2023. The Legislature adjourned sine die on June 1, 2023. In our updates during bill introduction (available here and here), we identified 91 bills warranting particular attention. Below is an updated chart of those bills. Summaries of how select […]
Dirt Alert
NEBRASKA SUPREME COURT: TERC MAY CHOOSE DIFFERENT VALUATION METHOD THAN STATUTE REQUIRES FOR SECTION 42 RENT-RESTRICTED HOUSING PROJECTS
on Friday, 30 June 2023 in
Dirt Alert: David C. Levy, Editor
Lincoln Cnty. Bd. of Equalization v. W. Tabor Ranch Apartments, LLC, 314 Neb. 582 (2023) To calculate real property taxes, county assessors must appraise the underlying real estate at its “actual value.” Neb. Rev. Stat. § 77-201(1). Actual value is “the market value of real property in the ordinary course […]
A Long, Hard Road—Nebraska State Legislative Tax Update
on Friday, 23 June 2023 in
Dirt Alert: David C. Levy, Editor
Nebraska’s 2023 Legislative Session—Slow Going The 2023 Nebraska Unicameral Legislative Session attracted national attention on more than one occasion due to controversial bills, debates, and comments from senators. One senator’s statement that she would “burn the session to the ground”[1] over a controversial bill foretold of difficulties to come. Though […]
USDA ANNOUNCES $10 BILLION INVESTMENT IN RURAL RENEWABLE ENERGY PROJECTS
on Tuesday, 6 June 2023 in
Dirt Alert: David C. Levy, Editor
The U.S. Department of Agriculture (“USDA”) recently announced that it will distribute up to $10.7 billion in loans and grants for rural electric utilities to implement renewable energy projects. This money could drive renewable energy investment throughout Nebraska. The New Empowering Rural America program (“New ERA”) makes up the majority […]
U.S. Supreme Court: Home Equity Is Constitutionally Protected Property Right
on Tuesday, 6 June 2023 in
Dirt Alert: David C. Levy, Editor
Tyler v. Hennepin Cnty., Minnesota, 598 U.S. __ (2023) The U.S. Constitution protects private property rights. The Fifth Amendment’s Takings Clause forbids states and the federal government from taking private property for public use without just compensation. Homeowner Geraldine Tyler owed $15,000 in unpaid real estate taxes on her residence. […]
