Nebraska v. Parker, 136 S. Ct. 1072 (2016). The Omaha Indian Tribe asserted jurisdiction over the Village of Pender, Nebraska, by subjecting Pender retailers to a liquor ordinance that required liquor licenses, imposed sales tax on liquor sales, and fined violators. Pender and Pender retailers sued members of the Omaha […]
Dirt Alert
Request for Notice of Sale in Trust Deed Did Not Apply to Senior Lienholder
on Friday, 17 June 2016 in
Dirt Alert: David C. Levy, Editor
First Neb. Educators Credit Union v. U.S. Bancorp, 293 Neb. 308 (2016). U.S. Bank filed a trust deed on real property in Nebraska in 2006. First Nebraska filed a trust deed on the same property in 2007. The First Nebraska trust deed contained a clause requesting notice of default and […]
IRS Clarifies and Expands Eligibility for the Federal Renewable Energy Production Tax Credit
on Friday, 3 June 2016 in
Dirt Alert: David C. Levy, Editor
Following the Congressional extension of the federal renewable energy production tax credit (“PTC”) for wind generation facilities in 2015, the Internal Revenue Service recently issued guidance giving qualified wind generation facilities up to two additional years (or four years after beginning construction) to qualify for the PTC. The notice also […]
Nebraska Adopts a State Low-Income Housing Tax Credit
on Thursday, 21 April 2016 in
Dirt Alert: David C. Levy, Editor
The Nebraska Legislature has adopted a state low-income housing tax credit to accelerate the development of low-income housing in Nebraska (Laws 2016, LB 884). Nebraska is now one of sixteen states that have a state low-income housing tax credit program. Based on the federal Low-Income Housing Tax Credit (“LIHTC”) program, […]
Landmark Legislation Deregulates Development of Private Renewable Energy Facilities
on Thursday, 21 April 2016 in
Dirt Alert: David C. Levy, Editor
On April 19, 2016, Governor Ricketts signed into law LB 824, landmark legislation that deregulates the development of renewable energy facilities in Nebraska. Senator McCollister of Omaha, Ken Schilz of Ogallala, and Ken Haar of Lincoln introduced LB 824, and its passage was a multiyear lobbying effort in which Baird […]
