NP Dodge Mgmt. Co. v. Holcomb, 314 Neb. 748 (2023). The Nebraska Uniform Residential Landlord and Tenant Act (“Act”) provides an expedited trial process for residential evictions. Evictions begin when the landlord issues the tenant a notice of termination. Neb. Rev. Stat. §§ 76-1431 & 76-1437. After the statutory notice […]
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108TH NEBRASKA LEGISLATURE, FIRST SESSION – LEGISLATURE ADJOURUNS SINE DIE
The First Session of the 108th Legislature adjourned sine die on June 1, 2023. In our updates during bill introduction (available here and here), we identified 91 bills relating to economic development, energy and renewable energy, government and municipal law, real estate and financial transactions, tax increment financing, taxation and telecommunications. This chart provides the status of […]
NEBRASKA UPDATES JOB CREATION AND MAINSTREET REVITALIZATION ACT PRESENTING SIGNIFICANT OPPORTUNITY FOR DEVELOPERS IN 2023
The Nebraska Legislature recently amended the Job Creation and Mainstreet Revitalization Act (the “Act”).[1] These amendments reinstated the program, which had sunset on December 31, 2022, allowing the Act to continue to incentivize the restoration of Nebraska’s historic properties. However, important changes in program caps will impact the program in […]
108th Nebraska Legislator, First Session – End of Session Legislative Chart
The First Regular Session of the 108th Nebraska Legislature convened on January 4, 2023. The Legislature adjourned sine die on June 1, 2023. In our updates during bill introduction (available here and here), we identified 91 bills warranting particular attention. Below is an updated chart of those bills. Summaries of how select […]
NEBRASKA SUPREME COURT: TERC MAY CHOOSE DIFFERENT VALUATION METHOD THAN STATUTE REQUIRES FOR SECTION 42 RENT-RESTRICTED HOUSING PROJECTS
Lincoln Cnty. Bd. of Equalization v. W. Tabor Ranch Apartments, LLC, 314 Neb. 582 (2023) To calculate real property taxes, county assessors must appraise the underlying real estate at its “actual value.” Neb. Rev. Stat. § 77-201(1). Actual value is “the market value of real property in the ordinary course […]