Publications

LB 951 (Harr) adopts the Affordable Housing Tax Credit Act (the “Act”). For qualified projects, the State may grant an owner of affordable housing a nonrefundable income tax credit equal to the amount of federal low-income tax credits available to the project. The Act substantially mirrors the federal program, and […]

LB 806 (Mello) adopts the Riverfront Development District Act (the “Act”). The Act would enable cities to create one or more riverfront districts to improve or develop riverfront areas and to assess an occupation tax based on a business owner’s square footage to fund the development. A quasi-municipal body, a […]

The Nebraska Legislature’s Urban Affairs Committee and Executive Board continue to study the use of tax increment financing (“TIF”), potential restrictions on the use of TIF, and the use of Local Option Municipal Economic Development Act or LB 840 funds for economic development projects. LB 1059 (Crawford) requires redevelopers applying […]

April 1 is the first day on which the U.S. Citizenship and Immigration Services (“USCIS”) will accept H-1B cap-subject petitions for foreign nationals in specialty occupations to begin employment on October 1. For the last few years, every available H-1B visa has been claimed in the first few days of […]

On January 29, 2016, the Equal Employment Opportunity Commission (“EEOC”) announced a proposed revision to the Employer Information Report (“EEO-1”) that would require certain employers with more than 100 employees to submit pay data on an annual basis. The EEOC claims the new data will assist the agency in identifying […]