Broad language in the Foreign-Owned Real Estate National Security Act may jeopardize American landowners that formed an entity outside of Nebraska. A new statute limits foreign acquisition of Nebraska land. The Foreign-Owned Real Estate National Security Act (the “Act”) prohibits any “foreign corporation” or “nonresident alien” from owning Nebraska real estate […]
Dirt Alert
Did the January 23rd U.S. Supreme Court Stay Change Your Filing Obligations with the Corporate Transparency Act?
on Friday, 24 January 2025 in
Dirt Alert: David C. Levy, Editor
As of January 24, 2025, entities are not required to file beneficial ownership information reports (BOI reports) with FinCen. All filings are optional, and a nationwide preliminary injunction still exists suspending enforcement of the Corporate Transparency Act (CTA). On January 23, 2025 the U. S. Supreme Court granted the U.S. government’s […]
Summaries from Days 1-5 of Nebraska Bill Introduction
on Tuesday, 21 January 2025 in
Dirt Alert: David C. Levy, Editor
The First Regular Session of the 109th Nebraska Legislature convened on January 8, 2025. As of January 21, 81 legislative days remain in the session. The Legislature plans to adjourn sine die on June 9, 2025. Bill introduction will conclude on January 22, 2025. Through the first five days of bill introduction, […]
Hold Your Horses, 5th Circuit… Let’s Figure Out What’s Happening with the Corporate Transparency Act
on Friday, 27 December 2024 in
Dirt Alert: David C. Levy, Editor
As of December 26, 2024, entities are not required to file beneficial ownership information reports (BOI reports) with FinCen, and the nationwide preliminary injunction suspending enforcement of the Corporate Transparency Act (CTA) is back! The past week has been confusing and chaotic as the injunction was stayed and then reinstated […]
Update: CTA Filing Extended to January 13, 2025 for Entities Formed Prior to 2024
on Tuesday, 24 December 2024 in
Dirt Alert: David C. Levy, Editor
On the evening of December 23, 2024 the Department of Treasury announced that companies that were created or registered prior to January 1, 2024 and are not otherwise exempt under the Corporate Transparency Act (CTA) from filing a beneficial ownership information report (BOIR) with FINCEN now have until January 13, […]
