Governor Heineman approved Legislative Bill 1098 on April 9, 2014. LB 1098 reconstructs the make-up and duties of the Nebraska Natural Resources Commission by increasing the number of appointed members to fourteen, describing the categories that members will represent, and by setting the future term of newly appointed members among […]
Dirt Alert
Sunset Dates Extended for Various Provisions of Nebraska Advantage Act (LB 1067)
Governor Heineman approved Legislative Bill 1067 on April 9, 2014. LB 1067 changes provisions relating to sales and use tax refunds, extends sunset dates for tax incentives under the Nebraska Advantage Act, the Nebraska Advantage Research and Development Act, and the Nebraska Advantage Microenterprise Tax Credit Act to 2017. LB […]
Bill to Increase MET Registration and Marking Requirements Fails (LB 845)
Legislative Bill 845 sought to repeal the current statute relating to the registration and marking of meteorological evaluation towers (“MET”) and to provide a new definition for METs and new requirements for registration and identification markers. We detailed the provisions of LB 845 in an article shortly after its introduction. While […]
Nebraska Approves the Nebraska Benefit Corporation Act (LB 751)
Governor Heineman approved the Nebraska Benefit Corporation Act on April 2, 2014. Nebraska joins approximately twenty other states that have adopted benefit-corporation legislation, a list which is expected to grow as Nebraska was one of fifteen states considering such legislation this year. Introduced by Senator Danielle Conrad as Legislative Bill […]
New Procedures for Real Estate Tax Sales (LB 851)
Governor Heineman approved Legislative Bill 851 on April 9, 2014. LB 851 amends the procedures for tax sales of real estate in sections 19-5217 and 77-1807 of the Nebraska Revised Statutes. The amendments include: a) an increase of three months to the time in which land banks must foreclose or […]