reglab/housing_qa huggingface dataset:
NE Code § 77-6920 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6920 - Tax credits; conditions; amounts; teleworker; treatment.

77-6920.  Tax credits; conditions; amounts; teleworker; treatment.(1) A tax credit shall be allowed to any taxpayer who has an approved application pursuant to the Urban Redevelopment Act if the taxpayer:(a) Attains a cumulative investment in qualified property of at least one hundred fifty thousand dollars and hires at least five new employees at the qualified location before the end of the ramp-up period; and(b) Pays a minimum qualifying wage of seventy percent of the Nebraska statewide average hourly wage to the new equivalent employees for whom tax incentives are sought under the Urban Redevelopment Act.(2) A tax credit shall be allowed to any taxpayer who has an approved application pursuant to the Urban Redevelopment Act if the taxpayer attains a cumulative investment in qualified property of at least fifty thousand dollars at the qualified location before the end of the ramp-up period.(3) Subject to subsection (5) of this section, the amount of the credit allowed under subsection (1) of this section shall be:(a) Three thousand dollars for each new equivalent employee, except that such amount shall be increased by one thousand dollars for each equivalent employee who lives in an economic redevelopment area; and(b) Two thousand seven hundred fifty dollars for each fifty thousand dollars of increased investment.(4) Subject to subsection (5) of this section, the amount of the credit allowed under subsection (2) of this section shall be five percent of the investment.(5) A taxpayer may qualify for a credit under either subsection (1) or (2) of this section, but cannot qualify for a credit under both such subsections. The credit shall not exceed fifty thousand dollars. The taxpayer shall receive such credit for each year of the performance period that the taxpayer is at or above the required levels of employment and cumulative investment.(6) A taxpayer shall not qualify for any credits under the Urban Redevelopment Act if the taxpayer is receiving any benefits under any other tax incentive program offered by the State of Nebraska.(7) A teleworker working from his or her residence shall not be considered an equivalent employee of the taxpayer for purposes of the Urban Redevelopment Act unless the teleworker's residence is located in the economic redevelopment area in which the taxpayer's qualified location is located.Source  Laws 2021, LB544, § 20.   Operative Date: January 1, 2022
NE Code § 77-6921 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6921 - Existing business acquisition, disposal, reorganization, or relocation; computation; certain transactions excluded.

77-6921.  Existing business acquisition, disposal, reorganization, or relocation; computation; certain transactions excluded.(1)(a) If the taxpayer acquires an existing business, the increases in investment and employment shall be computed as though the taxpayer had owned the business for the entire taxable year preceding the date of application.(b) If the taxpayer disposes of an existing business and the new owner maintains the minimum increases in investment and employment required to create incentives, the taxpayer shall not be required to make any repayment under section 77-6923 solely because of the disposition of the business.(2) If the structure of a business is reorganized, the taxpayer shall compute the increases on a consistent basis for all periods.(3) If the taxpayer moves a business from one qualified location to another qualified location and the business was operated in a qualified location during the taxable year preceding the date of application, the increases in investment and employment shall be computed as though the taxpayer had operated the business at the new location for the entire taxable year preceding the date of application.(4) If the taxpayer enters into any of the following transactions, the transaction shall be presumed to be a transaction entered into for the purpose of generating benefits under the Urban Redevelopment Act and shall not be allowed in the computation of any benefit or the meeting of any required levels under the agreement except as specifically provided in this subsection:(a) The purchase or lease of any property that was previously owned by the taxpayer who filed the application or a related taxpayer unless the first purchase by either the taxpayer who filed the application or a related taxpayer was first placed in service at a qualified location after the beginning of the taxable year the application was filed;(b) The renegotiation of any lease in existence during the taxable year the application was filed which does not materially change any of the terms of the lease other than the expiration date;(c) The purchase or lease of any property from a related taxpayer, except that the taxpayer who filed the application will be allowed any benefits under the act to which the related taxpayer would have been entitled on the purchase or lease of the property if the related taxpayer was considered the taxpayer; and(d) Any transaction entered into primarily for the purpose of receiving benefits under the act which is without a business purpose and does not result in increased economic activity in the state.Source  Laws 2021, LB544, § 21.   Operative Date: January 1, 2022
NE Code § 77-6923 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6923 - Tax credits; recapture; amount; deadline.

77-6923.  Tax credits; recapture; amount; deadline.(1) If the taxpayer fails to maintain employment and investment levels at or above the levels required in the agreement for the entire performance period, any refunds or reduction in tax allowed under the Urban Redevelopment Act shall be partially recaptured from the taxpayer. The amount of the recapture for each incentive shall be a percentage equal to the number of years the taxpayer did not maintain the required levels of investment or employment divided by the number of years of the performance period, with such percentage then multiplied by the refunds or reductions in tax allowed.(2) Any refund or reduction in tax due, to the extent required to be recaptured, shall be deemed to be an underpayment of the tax and shall be immediately due and payable. When tax incentives were received in more than one year, the incentives received in the most recent year shall be recovered first and then the incentives received in earlier years up to the extent of the required recapture.(3) Notwithstanding any other limitations contained in the laws of this state, collection of any taxes deemed to be underpayments by this section shall be allowed for a period of three years after the end of the performance period or three calendar years after the incentive was allowed, whichever is later.(4) The recapture required by this section shall not occur if the failure to maintain the required levels of employment or investment was caused by an act of God or a national emergency.Source  Laws 2021, LB544, § 23.   Operative Date: January 1, 2022
NE Code § 77-6924 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6924 - Employees; verification of status required; exclusions.

77-6924.  Employees; verification of status required; exclusions.(1) The Director of Economic Development shall not approve or grant to any person any tax incentive under the Urban Redevelopment Act unless the taxpayer provides evidence satisfactory to the director that the taxpayer electronically verified the work eligibility status of all newly hired employees employed in Nebraska.(2) For purposes of calculating any tax incentive available under the act, the director shall exclude hours worked and compensation paid to an employee that is not eligible to work in Nebraska as verified under subsection (1) of this section.Source  Laws 2021, LB544, § 24.   Operative Date: January 1, 2022
NE Code § 77-6925 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6925 - Incentives; transfer; when.

77-6925.  Incentives; transfer; when.The incentives allowed under the Urban Redevelopment Act shall not be transferable except in the following situations:(1) Any credit allowable to a partnership, a limited liability company, a subchapter S corporation, a cooperative, including a cooperative exempt under section 521 of the Internal Revenue Code of 1986, as amended, a limited cooperative association, or an estate or trust may be distributed to the partners, limited liability company members, shareholders, patrons, limited cooperative association members, or beneficiaries. Any credit distributed shall be distributed in the same manner as income is distributed. A credit distributed shall be considered a credit used and the partnership, limited liability company, subchapter S corporation, cooperative, limited cooperative association, estate, or trust shall be liable for any repayment under section 77-6923;(2) The incentives previously allowed and the future allowance of incentives may be transferred when a project covered by an agreement is transferred by sale or lease to another taxpayer or in an acquisition of assets qualifying under section 381 of the Internal Revenue Code of 1986, as amended. The acquiring taxpayer, as of the date of notification of the Director of Economic Development of the completed transfer, shall be entitled to any unused credits and to any future incentives allowable under the act. The acquiring taxpayer shall be liable for any repayment that becomes due after the date of the transfer with respect to any benefits received either before or after the transfer; and(3) If a taxpayer allowed a credit under section 77-6920 dies and there is credit remaining after the filing of the final return for the taxpayer, the personal representative shall determine the distribution of the credit with the initial fiduciary return filed for the estate. The determination of the distribution of the credit may be changed only after obtaining the permission of the director.Source  Laws 2021, LB544, § 25.   Operative Date: January 1, 2022
NE Code § 77-6926 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6926 - Refunds; interest not allowable.

77-6926.  Refunds; interest not allowable.Interest shall not be allowable on any refunds paid because of benefits earned under the Urban Redevelopment Act.Source  Laws 2021, LB544, § 26.   Operative Date: January 1, 2022
NE Code § 77-6927 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6927 - Base-year employment levels; review and certification; effect.

77-6927.  Base-year employment levels; review and certification; effect.(1) The taxpayer may request the Tax Commissioner to review and certify the taxpayer's base-year employment levels. Upon a request for such review, the Tax Commissioner shall be given access to the employment and business records of the taxpayer and must complete the review within ninety days after the request. If the Tax Commissioner requests, by mail or by electronic means, additional information or clarification from the taxpayer in order to make his or her determination, the ninety-day period shall be tolled from the time the Tax Commissioner makes the request to the time he or she receives the requested information or clarification from the taxpayer. The taxpayer and the Tax Commissioner may also agree to extend the ninety-day period. If the Tax Commissioner fails to make his or her determination within the prescribed ninety-day period, the certification is deemed approved.(2) Upon review, the Tax Commissioner may approve or amend the taxpayer's base-year employment levels based upon the employment and business records provided by the taxpayer. Once the Tax Commissioner certifies the employment levels, the certification is binding on the Department of Revenue when the taxpayer claims benefits on a return to the extent the information provided by the taxpayer was accurate and to the extent such information is not affected by any of the situations described in section 77-6921.(3) If the taxpayer does not request review and certification of employment levels under this section, such levels are subject to later audit by the Department of Revenue.Source  Laws 2021, LB544, § 27.   Operative Date: January 1, 2022
NE Code § 77-6928 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6928 - Reports.

77-6928.  Reports.(1) On or before July 15, 2024, and on or before July 15 of each year thereafter, the Director of Economic Development shall prepare a report that includes:(a) The total amount of investment at qualified locations in the previous calendar year by taxpayers who are receiving incentives pursuant to the Urban Redevelopment Act;(b) The total number of equivalent employees added in the previous calendar year by taxpayers who are receiving incentives pursuant to the act; and(c) The total amount of credits claimed and refunds approved in the previous calendar year under the act.(2) The report shall also provide information on project-specific total incentives used every two years for each approved project, including (a) the identity of the taxpayer, (b) the qualified location of the project, and (c) the total credits used and refunds approved during the immediately preceding two years expressed as a single, aggregated total. The incentive information required to be reported under this subsection shall not be reported for the first year the taxpayer attains the required employment and investment thresholds. The information on first-year incentives used shall be combined with and reported as part of the second year. Thereafter, the information on incentives used for succeeding years shall be reported for each project every two years and shall include information on two years of credits used and refunds approved. The incentives used shall include incentives that have been approved by the Director of Economic Development, but not necessarily received, during the previous two calendar years.(3) On or before September 1, 2024, and on or before September 1 of each year thereafter, the Department of Economic Development shall present the report electronically to the Appropriations Committee of the Legislature. Any supplemental information requested by three or more committee members shall be presented within thirty days after the request.(4) No information shall be provided in the report that is protected by state or federal confidentiality laws.Source  Laws 2021, LB544, § 28.   Operative Date: January 1, 2022
NE Code § 79-102 (2021)
2021 Nebraska Revised Statutes|Chapter 79 - Schools|79-102 - School districts; classification.

79-102.  School districts; classification.School districts in this state are classified as follows:(1) Class III includes any school district embracing territory having a population of less than one hundred fifty thousand inhabitants that maintains both elementary and high school grades under the direction of a single school board;(2) Class IV includes any school district embracing territory having a population of one hundred thousand or more inhabitants with a city of the primary class within the territory of the district that maintains both elementary and high school grades under the direction of a single school board; and(3) Class V includes any school district whose employees participate in a retirement system established pursuant to the Class V School Employees Retirement Act and which embraces territory having a city of the metropolitan class within the territory of the district that maintains both elementary grades and high school grades under the direction of a single school board and any school district with territory in a city of the metropolitan class created pursuant to the Learning Community Reorganization Act and designated as a Class V school district in the reorganization plan.Source   Laws 1949, c. 256, § 2, p. 691;   Laws 1959, c. 379, § 1, p. 1320;   Laws 1981, LB 16, § 1;   R.S.1943, (1994), § 79-102;   Laws 1996, LB 900, § 2;   Laws 1997, LB 345, § 6;   Laws 1998, LB 629, § 1;  Laws 2003, LB 394, § 1;  Laws 2005, LB 126, § 8;  Laws 2006, LB 1024, § 15;   Referendum 2006, No. 422;  Laws 2018, LB377, § 10.  Cross References   City of the metropolitan class, population, see section 14-101.  City of the primary class, population, see section 15-101.  Class V School Employees Retirement Act, see section 79-978.01.  Commissioner of Education, assign number to each district, see section 79-307.  Learning Community Reorganization Act, see section 79-4,117. Annotations  School districts from and to which land may be transferred under provisions of former section 79-403 are defined and classified in this section. Klecan v. Schmal, 196 Neb. 100, 241 N.W.2d 529 (1976). In proceedings for the transfer of land from one district to another, the advantage or disadvantage of the districts is not the deciding issue. Friesen v. Clark, 192 Neb. 227, 220 N.W.2d 12 (1974). Members of school board act in a representative capacity and not as individuals. Greer v. Chelewski, 162 Neb. 450, 76 N.W.2d 438 (1956). Former article 6 district was classified as Class II district. Fulk v. School District No. 8 of Lancaster County, 155 Neb. 630, 53 N.W.2d 56 (1952). District involved was a Class III district. State ex rel. Shineman v. Board of Education, 152 Neb. 644, 42 N.W.2d 168 (1950).
NE Code § 79-103 (2021)
2021 Nebraska Revised Statutes|Chapter 79 - Schools|79-103 - Classification of school districts; how determined.

79-103.  Classification of school districts; how determined.The number of inhabitants in any school district shall, for the purpose of determining the class to which such district belongs, be the number of inhabitants ascertained by the most recent United States census or by a certified census taken of the district at the direction of the school board or board of education of the school district and approved by the State Board of Education. The school board or board of education of any school district is authorized to contract for a special United States Census of the district if the board determines that such a census is necessary.Source   Laws 1949, c. 256, § 5, p. 692;   Laws 1955, c. 315, § 1, p. 971;   Laws 1971, LB 212, § 1;   R.S.1943, (1994), § 79-105;   Laws 1996, LB 900, § 3.
NE Code § 79-104 (2021)
2021 Nebraska Revised Statutes|Chapter 79 - Schools|79-104 - Classification of school districts; change; Commissioner of Education; duties.

79-104.  Classification of school districts; change; Commissioner of Education; duties.(1)(a) Whenever any Class III or IV school district attains the number of inhabitants which requires its reclassification as a Class IV or V school district, respectively, the Commissioner of Education shall reclassify such district as a district of the next higher class.(b) Any reclassification pursuant to subdivision (1)(a) of this section shall become effective at the beginning of the next fiscal year after the order of the commissioner.(2) On January 1, 2019, the commissioner shall reclassify any school district to the classification required by the changes made to section 79-102 by Laws 2018, LB377, which reclassification shall be effective immediately.(3) Within fifteen days after the reclassification of any school district pursuant to subsection (1) or (2) of this section, the commissioner shall notify the county clerk or election commissioner, of the county in which the greatest number of legal voters in the school district reside, of such change in classification and the effective date of such change.Source   Laws 1949, c. 256, § 6, p. 692;   Laws 1971, LB 212, § 2;   Laws 1981, LB 446, § 34;   R.S.1943, (1994), § 79-106;   Laws 1996, LB 900, § 4;   Laws 1997, LB 345, § 7;  Laws 2018, LB377, § 11.  Annotations There is no mandatory change to a lesser-numbered school district as a result of a decrease in population. Quiring v. School Dist. No. 91 of Hamilton and York Counties, 205 Neb. 9, 285 N.W.2d 834 (1979).
NE Code § 79-203 (2021)
2021 Nebraska Revised Statutes|Chapter 79 - Schools|79-203 - Compulsory attendance; necessarily employed children; permit.

79-203.  Compulsory attendance; necessarily employed children; permit.In case the services or earnings of a child are necessary for his or her own support or the support of those actually dependent upon him or her and the child is fourteen years of age or more and not more than sixteen years of age and has completed the work of the eighth grade, the person having legal or actual charge of such child may apply to the superintendent of the school district in which the child resides or a person designated in writing by the superintendent. The superintendent or designee may, in his or her discretion, issue a permit allowing such child to be employed.Source   Laws 1921, c. 52, § 1(c), p. 227;   C.S.1922, § 6508b;   Laws 1927, c. 84, § 1, p. 251;   Laws 1929, c. 92, § 1, p. 348;   C.S.1929, § 79-1902;   Laws 1931, c. 149, § 1, p. 405;   Laws 1941, c. 163, § 1, p. 650;   C.S.Supp.,1941, § 79-1902;   R.S.1943, § 79-1905;   Laws 1949, c. 256, § 11, p. 694;   R.S.1943, (1994), § 79-205;   Laws 1996, LB 900, § 7;   Laws 1997, LB 347, § 3;  Laws 1999, LB 272, § 24;  Laws 2018, LB377, § 12.  Cross References  For provisions relating to child labor, see Chapter 48, article 3.
NE Code § 79-204 (2021)
2021 Nebraska Revised Statutes|Chapter 79 - Schools|79-204 - Compulsory attendance; necessarily employed children; continuation schools; attendance required.

79-204.  Compulsory attendance; necessarily employed children; continuation schools; attendance required.All children who are fourteen years of age or more and not more than sixteen years of age, who reside in a school district in which a part-time continuation school is maintained by authority of the public school district and who are granted permits to be employed under section 79-203, shall attend a public, private, denominational, or parochial part-time continuation school eight hours of each week during the entire school year.Source   Laws 1921, c. 53, § 1(c), p. 227;   C.S.1922, § 6508b;   Laws 1927, c. 84, § 1, p. 251;   Laws 1929, c. 92, § 1, p. 348;   C.S.1929, § 79-1902;   Laws 1931, c. 149, § 1, p. 405;   Laws 1941, c. 163, § 1, p. 650;   C.S.Supp.,1941, § 79-1902;   R.S.1943, § 79-1906;   Laws 1949, c. 256, § 12, p. 694;   R.S.1943, (1994), § 79-206;   Laws 1996, LB 900, § 8.