reglab/housing_qa huggingface dataset:
NE Code § 77-6819 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6819 - Qualified property, defined.

77-6819.  Qualified property, defined.Qualified property means any tangible property of a type subject to depreciation, amortization, or other recovery under the Internal Revenue Code of 1986, as amended, or the components of such property, that will be located and used at the project. Qualified property does not include (1) aircraft, barges, motor vehicles, railroad rolling stock, or watercraft or (2) property that is rented by the taxpayer qualifying under the ImagiNE Nebraska Act to another person. Qualified property of the taxpayer located at the residence of an employee working in Nebraska from his or her residence on tasks interdependent with the work performed at the project shall be deemed located and used at the project.Source Laws 2020, LB1107, § 19.
NE Code § 77-6820 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6820 - Ramp-up period, defined.

77-6820.  Ramp-up period, defined.Ramp-up period means the period of time from the date of the complete application through the end of the fourth year after the year in which the complete application was filed with the director.Source Laws 2020, LB1107, § 20.
NE Code § 77-6821 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6821 - Related persons, defined.

77-6821.  Related persons, defined.Related persons means any corporations, partnerships, limited liability companies, or joint ventures which are or would otherwise be members of the same unitary group, if incorporated, or any persons who are considered to be related persons under either section 267(b) and (c) or section 707(b) of the Internal Revenue Code of 1986, as amended.Source Laws 2020, LB1107, § 21.
NE Code § 77-6822 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6822 - Taxpayer, defined.

77-6822.  Taxpayer, defined.Taxpayer means any person subject to sales and use taxes under the Nebraska Revenue Act of 1967 and subject to withholding under section 77-2753 and any entity that is or would otherwise be a member of the same unitary group, if incorporated, that is subject to such sales and use taxes and such withholding. Taxpayer does not include a political subdivision or an organization that is exempt from income taxes under section 501(a) of the Internal Revenue Code of 1986, as amended. For purposes of this section, political subdivision includes any public corporation created for the benefit of a political subdivision and any group of political subdivisions forming a joint public agency, organized by interlocal agreement, or utilizing any other method of joint action.Source Laws 2020, LB1107, § 22. Cross References  Nebraska Revenue Act of 1967, see section 77-2701.
NE Code § 77-6823 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6823 - Wages, defined.

77-6823.  Wages, defined.Wages means compensation, not to exceed one million dollars per year for any employee.Source Laws 2020, LB1107, § 23.
NE Code § 77-6824 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6824 - Year, defined.

77-6824.  Year, defined.Year means calendar year.Source Laws 2020, LB1107, § 24.
NE Code § 77-6825 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6825 - Year of application, defined.

77-6825.  Year of application, defined.Year of application means the year that a completed application is filed under the ImagiNE Nebraska Act.Source Laws 2020, LB1107, § 25.
NE Code § 77-6826 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6826 - Qualified employee leasing company; employees; duty.

77-6826.  Qualified employee leasing company; employees; duty.An employee of a qualified employee leasing company shall be considered to be an employee of the client-lessee for purposes of the ImagiNE Nebraska Act if the employee performs services for the client-lessee. A qualified employee leasing company shall provide the Department of Revenue with access to the records of employees leased to the client-lessee.Source Laws 2020, LB1107, § 26.
NE Code § 77-6830 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6830 - Transactions and activities excluded.

77-6830.  Transactions and activities excluded.The following transactions or activities shall not create any credits or allow any benefits under the ImagiNE Nebraska Act except as specifically allowed by this section:(1) The acquisition of a business after the date of application which is continued by the taxpayer as a part of the agreement and which was operated in this state during the three hundred sixty-six days prior to the date of acquisition. All employees of the entities added to the taxpayer by the acquisition during the three hundred sixty-six days prior to the date of acquisition shall be considered employees during the base year. Any investment prior to the date of acquisition made by the entities added to the taxpayer by the acquisition or any investment in the acquisition of such business shall be considered as being made before the date of application;(2) The moving of a business from one location to another, which business was operated in this state during the three hundred sixty-six days prior to the date of application. All employees of the business during such three hundred sixty-six days shall be considered base-year employees;(3) The purchase or lease of any property which was previously owned by the taxpayer or a related person. The first purchase by either the taxpayer or a related person shall be treated as investment if the item was first placed in service in the state after the date of the application;(4) The renegotiation of any lease in existence on the date of application which does not materially change any of the terms of the lease, other than the expiration date, shall be presumed to be a transaction entered into for the purpose of generating benefits under the act and shall not be allowed in the computation of any benefit or the meeting of any required levels under the agreement;(5) Any purchase or lease of property from a related person, except that the taxpayer will be allowed any benefits under the act to which the related person would have been entitled on the purchase or lease of the property if the related person was considered the taxpayer;(6) 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; and(7) Any activity that results in benefits under the Ethanol Development Act.Source Laws 2020, LB1107, § 30. Cross References  Ethanol Development Act, see section 66-1330.
NE Code § 77-6835 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6835 - Refunds; interest not allowable.

77-6835.  Refunds; interest not allowable.Interest shall not be allowable on any refunds paid because of benefits earned under the ImagiNE Nebraska Act.Source Laws 2020, LB1107, § 35.
NE Code § 77-6836 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6836 - Application; valid; when; director; Tax Commissioner; powers and duties.

77-6836.  Application; valid; when; director; Tax Commissioner; powers and duties.(1) Any complete application shall be considered a valid application on the date submitted for the purposes of the ImagiNE Nebraska Act.(2) The director shall be allowed access, by the Tax Commissioner, to information associated with the Nebraska Advantage Act, the Nebraska Advantage Rural Development Act, and the Employment and Investment Growth Act to meet the director's obligations under the ImagiNE Nebraska Act.(3) The director may contract with the Tax Commissioner for services that the director determines are necessary to fulfill the director's responsibilities under the ImagiNE Nebraska Act, other than services which constitute the actual actions and decisions required to be taken or made by the director under the ImagiNE Nebraska Act.(4) The Tax Commissioner shall develop and maintain an electronic application and reporting system to be used by the director and Tax Commissioner to administer the ImagiNE Nebraska Act.Source Laws 2020, LB1107, § 36. Cross References   Employment and Investment Growth Act, see section 77-4101.  Nebraska Advantage Act, see section 77-5701.  Nebraska Advantage Rural Development Act, see section 77-27,187.
NE Code § 77-6838 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6838 - Rules and regulations.

77-6838.  Rules and regulations.Except as otherwise stated in the ImagiNE Nebraska Act, the director, with input from the Tax Commissioner, may adopt and promulgate all procedures and rules and regulations necessary to carry out the purposes of the ImagiNE Nebraska Act.Source Laws 2020, LB1107, § 38.
NE Code § 77-6840 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6840 - Employment and wage data information; Department of Labor; duty.

77-6840.  Employment and wage data information; Department of Labor; duty.The Department of Labor shall, as requested, provide to the director and the Tax Commissioner the employment and wage data information necessary to meet the responsibilities of the director and Tax Commissioner under the ImagiNE Nebraska Act, to the extent the Department of Labor collects such information.Source Laws 2020, LB1107, § 40.
NE Code § 77-6842 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6842 - Workforce training loan; application; partnering entities; loan approval; factors considered.

77-6842.  Workforce training loan; application; partnering entities; loan approval; factors considered.(1) A taxpayer with an application under the ImagiNE Nebraska Act may apply for a workforce training loan by submitting an application to the Department of Economic Development which includes, but is not limited to:(a) The number of jobs to be created that will require training or the number of existing positions that will be trained;(b) The nature of the business and the type of jobs to be created that will require training or positions to be trained;(c) The estimated wage levels of the jobs to be created or positions to be trained; and(d) A program schedule for the workforce training project.(2) A taxpayer may partner with a postsecondary educational institution in Nebraska, a private, nonprofit educational organization in Nebraska holding a certificate of exemption under section 501(c)(3) of the Internal Revenue Code of 1986, as amended, a Nebraska educational service unit, or a school district in Nebraska to assist in providing the workforce training. The application shall specify the role of the partnering entity in identifying and training potential job applicants for the applicant business.(3) The director shall determine whether to approve the taxpayer's application for a workforce training loan under the ImagiNE Nebraska Act based upon the director's determination as to whether the loan will help enable the state to accomplish the purposes stated in section 77-6841. The director shall be governed by and shall take into consideration all of the following factors in making such determination:(a) The department's comprehensive business development strategy;(b) The necessity of the loan to assure that the applicant will expand employment in Nebraska;(c) The number of jobs to be created; and(d) The expected pay of the jobs to be created.Source Laws 2020, LB1107, § 42.
NE Code § 77-6843 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6843 - Infrastructure development loan; application; approval; factors considered.

77-6843.  Infrastructure development loan; application; approval; factors considered.(1) A taxpayer with an application under the ImagiNE Nebraska Act may apply for an infrastructure development loan by submitting an application to the Department of Economic Development which includes, but is not limited to:(a) The nature of the business and the type and number of jobs to be created or retained;(b) The estimated wage levels of the jobs to be created or retained; and(c) A brief description of the infrastructure need that the loan is intended to fill.(2) The director shall determine whether to approve the taxpayer's application for an infrastructure development loan under the ImagiNE Nebraska Act based upon the director's determination as to whether the loan will help enable the state to accomplish the purposes stated in section 77-6841. The director shall be governed by and shall take into consideration all of the following factors in making such determination:(a) The department's comprehensive business development strategy;(b) The necessity of the loan to assure that the applicant will expand employment in Nebraska;(c) The number of jobs to be created; and(d) The expected pay of the jobs to be created.Source Laws 2020, LB1107, § 43.
NE Code § 77-6901 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6901 - Act, how cited.

77-6901.  Act, how cited.Sections 77-6901 to 77-6928 shall be known and may be cited as the Urban Redevelopment Act.Source  Laws 2021, LB544, § 1.   Operative Date: January 1, 2022
NE Code § 77-6902 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6902 - Definitions, where found.

77-6902.  Definitions, where found.For purposes of the Urban Redevelopment Act, the definitions found in sections 77-6903 to 77-6918 shall be used.Source  Laws 2021, LB544, § 2.   Operative Date: January 1, 2022
NE Code § 77-6903 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6903 - Additional definitions.

77-6903.  Additional definitions.Any term has the same meaning as used in the Nebraska Revenue Act of 1967.Source  Laws 2021, LB544, § 3.   Operative Date: January 1, 2022
NE Code § 77-6904 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6904 - Base year, defined.

77-6904.  Base year, defined.Base year means the year immediately preceding the year of application, except that if the year of application is 2021, the base year is either 2019 or 2020, whichever year the applicant had the larger number of equivalent employees at the qualified location.Source  Laws 2021, LB544, § 4.   Operative Date: January 1, 2022
NE Code § 77-6905 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6905 - Base-year employee, defined.

77-6905.  Base-year employee, defined.Base-year employee means any individual who was employed in Nebraska and subject to the Nebraska income tax on compensation received from the taxpayer or its predecessors during the base year and who is employed at the qualified location.Source  Laws 2021, LB544, § 5.   Operative Date: January 1, 2022
NE Code § 77-6906 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6906 - Economic redevelopment area, defined.

77-6906.  Economic redevelopment area, defined.Economic redevelopment area means an area in the State of Nebraska in which:(1) The average rate of unemployment in the area during the period covered by the most recent federal decennial census or American Community Survey 5-Year Estimate by the United States Bureau of the Census is at least one hundred fifty percent of the average rate of unemployment in the state during the same period; and(2) The average poverty rate in the area is twenty percent or more for the federal census tract in the area.Source  Laws 2021, LB544, § 6.   Operative Date: January 1, 2022
NE Code § 77-6907 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6907 - Equivalent employees, defined.

77-6907.  Equivalent employees, defined.Equivalent employees means the number of employees computed by dividing the total hours paid in a year to employees by the product of forty times the number of weeks in a year. Only the hours paid to employees who are residents of this state shall be included in such computation. A salaried employee who receives a predetermined amount of compensation each pay period on a weekly or less frequent basis is deemed to have been paid for forty hours per week during the pay period.Source  Laws 2021, LB544, § 7.   Operative Date: January 1, 2022
NE Code § 77-6908 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6908 - Investment, defined.

77-6908.  Investment, defined.Investment means the value of qualified property incorporated into or used at the qualified location. For qualified property owned by the taxpayer, the value shall be the original cost of the property. For qualified property rented by the taxpayer, the average net annual rent shall be multiplied by the number of years of the lease for which the taxpayer was originally bound, not to exceed ten years. The rental of land included in and incidental to the leasing of a building shall not be excluded from the computation. For purposes of this section, original cost means the amount required to be capitalized for depreciation, amortization, or other recovery under the Internal Revenue Code of 1986, as amended. Any amount, including the labor of the taxpayer, that is capitalized as a part of the cost of the qualified property or that is written off under section 179 of the Internal Revenue Code of 1986, as amended, shall be considered part of the original cost.Source  Laws 2021, LB544, § 8.   Operative Date: January 1, 2022
NE Code § 77-6909 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6909 - Nebraska statewide average hourly wage for any year, defined.

77-6909.  Nebraska statewide average hourly wage for any year, defined.Nebraska statewide average hourly wage for any year means the most recent statewide average hourly wage paid by all employers in all counties in Nebraska as calculated by the Office of Labor Market Information of the Department of Labor using annual data from the Quarterly Census of Employment and Wages by October 1 of the year prior to application. Hourly wages shall be calculated by dividing the reported average annual weekly wage by forty.Source  Laws 2021, LB544, § 9.   Operative Date: January 1, 2022
NE Code § 77-6910 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6910 - Number of new employees, defined.

77-6910.  Number of new employees, defined.Number of new employees means the number of equivalent employees that are employed at the qualified location during a year that are in excess of the number of base-year employees.Source  Laws 2021, LB544, § 10.   Operative Date: January 1, 2022
NE Code § 77-6911 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6911 - Performance period, defined.

77-6911.  Performance period, defined.Performance period means the year during which the required increases in employment and investment were met or exceeded and each year thereafter until the end of the third year after the year the required increases were met or exceeded.Source  Laws 2021, LB544, § 11.   Operative Date: January 1, 2022
NE Code § 77-6912 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6912 - Qualified location, defined.

77-6912.  Qualified location, defined.Qualified location means any location in a city of the metropolitan class or a city of the primary class that is used or will be used by the taxpayer to conduct business activities and that is located within an economic redevelopment area. More than one qualified location may be part of the same project.Source  Laws 2021, LB544, § 12.   Operative Date: January 1, 2022
NE Code § 77-6913 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6913 - Qualified property, defined.

77-6913.  Qualified property, defined.Qualified property means any tangible property of a type subject to depreciation, amortization, or other recovery under the Internal Revenue Code of 1986, as amended, or the components of such property, that will be located and used at the qualified location. Qualified property does not include (1) aircraft, barges, motor vehicles, railroad rolling stock, or watercraft or (2) property that is rented by the taxpayer qualifying under the Urban Redevelopment Act to another person.Source  Laws 2021, LB544, § 13.   Operative Date: January 1, 2022
NE Code § 77-6914 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6914 - Ramp-up period, defined.

77-6914.  Ramp-up period, defined.Ramp-up period means two years from the date the complete application was filed with the Director of Economic Development.Source  Laws 2021, LB544, § 14.   Operative Date: January 1, 2022
NE Code § 77-6915 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6915 - Related taxpayers, defined.

77-6915.  Related taxpayers, defined.Related taxpayers shall include any corporations that are part of a unitary business under the Nebraska Revenue Act of 1967 but are not part of the same corporate taxpayer, any business entities that are not corporations but which would be a part of the unitary business if they were corporations, and any business entities if at least fifty percent of such entities are owned by the same persons or related taxpayers and family members as defined in the ownership attribution rules of the Internal Revenue Code of 1986, as amended.Source  Laws 2021, LB544, § 15.   Operative Date: January 1, 2022  Cross References  Nebraska Revenue Act of 1967, see section 77-2701.
NE Code § 77-6916 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6916 - Taxpayer, defined.

77-6916.  Taxpayer, defined.Taxpayer means any person subject to sales and use taxes under the Nebraska Revenue Act of 1967 and subject to withholding under section 77-2753 and any entity that is or would otherwise be a member of the same unitary group, if incorporated, that is subject to such sales and use taxes and such withholding. Taxpayer does not include a political subdivision or an organization that is exempt from income taxes under section 501(a) of the Internal Revenue Code of 1986, as amended. For purposes of this section, political subdivision includes any public corporation created for the benefit of a political subdivision and any group of political subdivisions forming a joint public agency, organized by interlocal agreement, or utilizing any other method of joint action.Source  Laws 2021, LB544, § 16.   Operative Date: January 1, 2022  Cross References  Nebraska Revenue Act of 1967, see section 77-2701.
NE Code § 77-6917 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6917 - Wages, defined.

77-6917.  Wages, defined.Wages means the wages and other payments subject to the federal medicare tax.Source  Laws 2021, LB544, § 17.   Operative Date: January 1, 2022
NE Code § 77-6918 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-6918 - Year, defined.

77-6918.  Year, defined.Year means the taxable year of the taxpayer.Source  Laws 2021, LB544, § 18.   Operative Date: January 1, 2022