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 […]
Publications
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 […]
Protection of Personal Digital Data is Common Law
In a recently issued opinion by the United States Court of Appeals for the Eleventh Circuit, Ramirez v. The Paradies Shops, LLC[1], the court found that a plaintiff may allege negligence under common law for an employer’s failure to protect the personal, sensitive information of an employee. The facts of […]
FDIC Cease and Desists Underscore Importance of Reviewing Websites and other Public Materials for Compliance with FDIC Rules
Over the past several weeks, the Federal Deposit Insurance Corporation (“FDIC”) has issued a spate of cease and desist letters targeted to fintech companies over what the FDIC believes are false and/or misleading statements and assertions as to the insured status or coverage of the fintechs’ products. The targeted companies […]