Dirt Alert

Nieveen v. TAX 106, 317 Neb. 425 (2024) and Cont’l Res. v. Fair, 317 Neb. 391 (2024) Under Nebraska’s tax sale statutes, a county takes an automatic lien on property within its jurisdiction for property taxes.  If a taxpayer is delinquent in paying property taxes, the county can sell the lien through a […]

On August 20, 2024, the Nebraska Legislature adjourned sine die.  This came nearly a month after Governor Jim Pillen called a Special Session “to fix the state’s property tax crisis.” During the Special Session, senators introduced 81 bills and 24 constitutional amendments.  Several measures would have significantly impacted renewable-energy development.  […]

On July 9, 2024, President Biden signed into law the Accelerating Deployment of Versatile, Advanced Nuclear Clean Energy Act (the “Act”).  The Act had significant bipartisan support.  It reflects lawmakers’ goals to (1) streamline nuclear licensing procedures and regulation, (2) spur development of nuclear technologies, and (3) preserve existing nuclear generation.  We summarize […]

Section 45Q of the Federal Tax Code provides a tax credit for carbon capture and storage (“CCS”) projects.  Eligible CCS owners can claim a base credit of $17 per metric ton of sequestered carbon dioxide (or $36 for direct‑air‑capture technology).  That credit can increase to $85 per metric ton (or […]

The Nebraska Legislature convened a Special Session on July 25, 2024.  Governor Jim Pillen called the Special Session “to fix the state’s property tax crisis.” Under legislative rules, senators had three legislative days to introduce legislation.  Senators introduced 81 bills and 24 constitutional amendments.  All of those received a public […]