The Second Session of the Nebraska Legislature convened January 8, 2020 and concluded on August 13, 2020, following a four month suspension because of COVID-19. This Dirt Alert shows the status of certain bills at the conclusion of the 106th Nebraska Legislature related to economic development, municipal law, real estate, […]
Dirt Alert
106th Nebraska Legislature, Second Session, Adjourns Sine Die
The Second Session of the 106th Nebraska Legislature reconvened on July 20, 2020 following a suspension due to the COVID-19 pandemic. The Legislature adjourned sine die on August 13, 2020. Below are summaries of five particularly relevant bills the Legislature passed: HIGHLIGHTED BILLS LB 424 expands the Nebraska Municipal Land […]
Renewable Energy Continues to Grow in Nebraska
Nebraska is among the top five states in the country for wind energy investment according to a 2020 report from the American Wind Energy Association (“AWEA”). Nebraska’s wind and solar resources continue to attract other new investment such as Facebook, Adobe, Hormel and Smuckers. Other economic giants are rumored to […]
Treasury Department Extends Safe Harbors On Renewable Energy Tax Credits Amid COVID-19
On May 27, 2020, the Treasury Department responded to Congressional requests to extend safe harbors for the renewable energy production tax credit (“PTC”) and the energy investment tax credit (“ITC”) to provide temporary relief for renewable energy developers during the ongoing COVID-19 crisis. 2018 Internal Revenue Service (“IRS”) guidance creates […]
Legislative Session Suspended Until Further Notice
In light of COVID-19, on March 16, 2020, the Nebraska Legislature suspended the legislative session until further notice. The Legislature is 40 days into the 60-day session, which began on January 3, 2020. We anticipate the Legislature will reconvene at some point this spring or summer to complete the remaining […]