The Nebraska Legislature passed a bill to amend certain provisions of the Nebraska Construction Prompt Pay Act. Senator Heath Mello originally introduced revisions to the Prompt Pay Act as Legislative Bill 373, but the Nebraska Legislature later incorporated the provisions of LB 373 into Legislative Bill 961. The Nebraska Governor […]
Dirt Alert
United States Supreme Court Upholds State Air Pollution Rule
In a ruling that will ripple through the electric utility industry for years to come, the United States Supreme Court has upheld the United States Environmental Protection Agency’s (“EPA”) Cross-State Air Pollution Rule, also known as the Transport Rule. The Supreme Court’s 6-2 decision, issued on Tuesday April 29, 2014, […]
Developers Guide to the Nebraska Job Creation and Mainstreet Revitalization Act (Nebraska State Historic Tax Credit (LB191))
What Credit against Nebraska income, deposit or premium tax equal to 20 percent of “eligible expenditures” on “improvements” to a “historically significant real property,” up to $1,000,000 in credit per project. $15,000,000 in credits allocated and available in each of 2015, 2016, 2017 and 2018. Unused credits carry over to […]
103rd Nebraska Legislature, Second Session: Real Estate, Renewable Energy and Municipal Law Update – Part 12 (Days 52 – 55)
The 103rd Nebraska Legislature is now approaching the final days of the second session. Here is an update on the bills we are tracking related to real property, renewable energy, and municipal law. Copies of the bills and information regarding status of the bills can be found on the Nebraska […]
103rd Nebraska Legislature, Second Session: Real Estate, Renewable Energy and Municipal Law Update – Part 11 (Days 48 – 51)
The 103rd Nebraska Legislature is now approaching the final weeks of the second session. Here is an update on the bills we are tracking related to real property, renewable energy, and municipal law. Copies of the bills and information regarding status of the bills can be found on the Nebraska […]