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1,940 sections in this chapter.
Neb. Rev. Stat. § 77-4413 Good life district economic development program; local sources of revenue; business occupation tax; allocated sales tax; local option sales and use tax; requirements.
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(1)(a) Upon establishing a good life district economic development program, the city is authorized to establish a general business occupation tax as a local source of revenue. Such occupation tax may be imposed upon the businesses and users of space located within the good life d…
Neb. Rev. Stat. § 77-4414 Good life district economic development fund; requirements.
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(1) Any city which has established a good life district economic development program shall establish a separate good life district economic development fund for such program, and may establish subaccounts in such fund as determined appropriate. All funds derived from local source…
Neb. Rev. Stat. § 77-4415 Local sources of revenue; use.
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All local sources of revenue established for a good life district economic development program, and received for such program, shall be deposited in the applicable good life district economic development fund of the city when received. Any funds in the good life district economic…
Neb. Rev. Stat. § 77-4416 Good life district economic development program; audit.
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The city shall provide for an annual, outside, independent audit of each good life district economic development program by a qualified independent accounting firm, the cost of which may be charged by the city to the applicable good life district economic development fund. The in…
Neb. Rev. Stat. § 77-4417 Nebraska Budget Act; not applicable; when.
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The Nebraska Budget Act shall not apply to any good life district economic development program or local sources of revenue dedicated to such program.
Neb. Rev. Stat. § 77-4418 Issuance of bonds; purpose; not general obligation of city.
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(1) Any city which has established a good life district economic development program may from time to time issue bonds as provided in sections 77-4418 to 77-4426. Such bonds shall be in such principal amounts as the city's governing body authorizes to provide sufficient funds to …
Neb. Rev. Stat. § 77-4419 Issuance of bonds; immunity.
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The members of a city's governing body and any person executing bonds issued under the Good Life District Economic Development Act shall not be liable personally on such bonds by reason of the issuance thereof.
Neb. Rev. Stat. § 77-4420 Issuance of bonds; authorization; form.
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(1) Bonds issued or delivered under the Good Life District Economic Development Act shall be authorized by resolution of the city's governing body, may be issued and secured under a resolution, trust indenture, or other security instrument in one or more series, and shall bear su…
Neb. Rev. Stat. § 77-4421 Bonds; signatures; validity.
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If any of the officers whose signatures appear on any bonds issued under the Good Life District Economic Development Act cease to be such officers before the delivery of such obligations, such signatures shall nevertheless be valid and sufficient for all purposes to the same exte…
Neb. Rev. Stat. § 77-4422 Bonds, contracts, and other obligations; powers of city.
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Any city may in connection with the issuance of its bonds, entry into any contract, or delivery of other obligations under the Good Life District Economic Development Act: (1) Redeem the bonds, covenant for their redemption, and provide the terms and conditions of redemption; (2)…
Neb. Rev. Stat. § 77-4423 Refunding bonds; authorized; proceeds; investment.
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(1) Any city which has issued bonds pursuant to the Good Life District Economic Development Act or the Community Development Law, and such bonds remain unpaid and are outstanding, is hereby authorized to issue refunding bonds with which to call and redeem all or any part of such …
Neb. Rev. Stat. § 77-4424 Refunding bonds; provisions applicable.
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The issue of refunding bonds, the manner of sale, the maturities, interest rates, form, and other details thereof, the security therefor, the rights of the holders thereof, and the rights, duties, and obligations of the city in respect of the same shall be governed by the provisi…
Neb. Rev. Stat. § 77-4425 Bonds; securities; investment authorized.
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Bonds issued pursuant to the Good Life District Economic Development Act shall be securities in which all public officers and instrumentalities of the state and all political subdivisions, insurance companies, trust companies, banks, savings and loan associations, investment comp…
Neb. Rev. Stat. § 77-4426 Bonds, contracts, and other obligations; consent and other proceedings not required.
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(1) Bonds may be issued, contracts may be entered into, and other obligations may be incurred, under the Good Life District Economic Development Act without obtaining the consent of any department, division, commission, board, bureau, or instrumentality of this state and without …
Neb. Rev. Stat. § 77-4427 Validity and enforceability of bonds, contracts, and agreements; presumption.
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In any suit, action, or proceeding involving the validity or enforceability of any bonds, contract, or agreement of a city pursuant to the Good Life District Economic Development Act, or the security therefor, brought after the lapse of thirty days after the authorization by the …
Neb. Rev. Stat. § 77-4428 Bonds; tax exempt.
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All bonds of a city issued pursuant to the Good Life District Economic Development Act are declared to be issued for an essential public and governmental purpose and, together with interest thereon and income therefrom, shall be exempt from all taxes.
Neb. Rev. Stat. § 77-4429 Bondholders; pledge and agreement of the state.
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The State of Nebraska does hereby pledge to and agree with the holders of any bonds issued pursuant to the Good Life District Economic Development Act and with those persons who may enter into contracts with any city pursuant to the act that the state will not alter, impair, or l…
Neb. Rev. Stat. § 77-4430 Act, how construed.
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The powers conferred by the Good Life District Economic Development Act shall be in addition and supplemental to the powers conferred by any other law and shall be independent of and in addition to any other provisions of the law of Nebraska, including, without limitation, the Lo…
Neb. Rev. Stat. § 77-4431 Sharing of information; authorized; rules and regulations.
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(1) The Department of Economic Development and the Department of Revenue may share information, including information of a confidential nature, as needed to properly administer the Good Life District Economic Development Act. (2) The Department of Economic Development may adopt a…
Neb. Rev. Stat. § 77-4501 Rental company; collect fee; when; use; effect on growth limit on budget; collection.
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(1) Except as provided in subsection (6) of this section, rental companies engaged in the business of renting private passenger motor vehicles used to carry fifteen passengers or less for periods of thirty-one days or less shall collect, at the time the vehicle is rented in Nebra…
Neb. Rev. Stat. § 77-4601 Estimate of General Fund net receipts; certification by Tax Commissioner and Legislative Fiscal Analyst.
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On or before July 15 of each year, the Tax Commissioner and the Legislative Fiscal Analyst shall certify the monthly estimate of General Fund net receipts for each month of the current fiscal year. Such certification shall be filed electronically with the Clerk of the Legislature…
Neb. Rev. Stat. § 77-4602 Actual General Fund net receipts; public statement by Tax Commissioner; Tax Commissioner; duties; transfer of funds; when.
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(1) Within fifteen days after the end of each month, the Tax Commissioner shall provide a public statement of actual General Fund net receipts, a comparison of such actual net receipts to the monthly estimated net receipts from the most recent forecast provided by the Nebraska Ec…
Neb. Rev. Stat. § 77-4603 Special session of Legislature; new certification required; recertification; when.
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(1) If an estimate of General Fund net receipts is changed in a regular or extraordinary meeting of the Nebraska Economic Forecasting Advisory Board and such change results in a special session of the Legislature to revise current fiscal year General Fund appropriations, the Tax …
Neb. Rev. Stat. § 77-4901 Act, how cited.
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Sections 77-4901 to 77-4935 shall be known and may be cited as the Quality Jobs Act.
Neb. Rev. Stat. § 77-4902 Policy.
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It is the policy of this state to make revisions in its statutory structure if this will encourage both new and existing businesses to relocate to and expand in Nebraska and to provide appropriate inducements to encourage them to do so if this will aid in the economic and populat…
Neb. Rev. Stat. § 77-4903 Definitions, where found.
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For purposes of the Quality Jobs Act, the definitions found in sections 77-4904 to 77-4926 shall be used.
Neb. Rev. Stat. § 77-4904 Additional definitions.
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Any term defined in the Nebraska Revenue Act of 1967 and used in the Quality Jobs Act has the same meaning in the Quality Jobs Act unless the context requires a different meaning.
Neb. Rev. Stat. § 77-4905 Agreement, defined.
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Agreement means the agreement between the company and the state.
Neb. Rev. Stat. § 77-4906 Base year, defined.
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Base year means the year immediately preceding the year during which the application was submitted.
Neb. Rev. Stat. § 77-4907 Base-year employee, defined.
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Base-year employee means any individual who was employed in Nebraska and subject to the Nebraska income tax on compensation received from the company or its predecessors during the base year and who is employed at the project.
Neb. Rev. Stat. § 77-4908 Board, defined.
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Board means the Governor, the State Treasurer, and the chairperson of the Nebraska Investment Council.
Neb. Rev. Stat. § 77-4909 Company, defined.
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Company means any person subject to the sales and use taxes and either the income tax imposed by the Nebraska Revenue Act of 1967 or the franchise tax under sections 77-3801 to 77-3807, any corporation, partnership, limited liability company, or joint venture that is or would oth…
Neb. Rev. Stat. § 77-4910 Company training program, defined.
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Company training program means any program developed or operated by or for the benefit of the company which screens, trains, or educates recruits, potential employees, or actual employees of the company, or any combination thereof, in order to enable the recruits or employees to …
Neb. Rev. Stat. § 77-4911 Company workplace safety program, defined.
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Company workplace safety program means any program developed by or operated by or for the benefit of the workplace safety of employees employed at the project.
Neb. Rev. Stat. § 77-4912 Compensation, defined.
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Compensation means the wages and other payments subject to withholding for federal income tax purposes.
Neb. Rev. Stat. § 77-4913 Educational institution training program, defined.
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Educational institution training program means any training program established by or operated by any public or private educational institution that provides training or education for recruits, potential employees, or actual employees of the company, or any combination thereof, w…
Neb. Rev. Stat. § 77-4914 Employee, defined.
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Employee means a person employed at the project.
Neb. Rev. Stat. § 77-4915 Employee benefit program, defined.
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Employee benefit program means health and dental benefits, dependent care, life insurance, disability insurance, or relocation costs provided to or for the benefit of employees, which programs are qualified under the Internal Revenue Code of 1986, as amended.
Neb. Rev. Stat. § 77-4916 Entitlement period, defined.
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Entitlement period is ten years, meaning the year after which the required increases in employment and investment were met or exceeded and the next one hundred eight months.
Neb. Rev. Stat. § 77-4917 Equivalent employees, defined.
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Equivalent employees means the number of employees computed by dividing the total hours paid in a year by the product of forty times the number of weeks in a year.
Neb. Rev. Stat. § 77-4918 Investment, defined.
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Investment means the value of qualified property incorporated into or used at the project after the date of the application. For qualified property owned by the company, the value is the original cost of the property. For qualified property rented by the company, the value is the…
Neb. Rev. Stat. § 77-4919 Number of new employees, defined.
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Number of new employees means the excess of the number of equivalent employees employed at the project during a year over the number of equivalent employees during the base year.
Neb. Rev. Stat. § 77-4920 Project, defined.
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Project means a project described in the Quality Jobs Act and approved by the board.
Neb. Rev. Stat. § 77-4921 Project year, defined.
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Project year means any year or portion of a year during the entitlement period of the project.
Neb. Rev. Stat. § 77-4922 Qualified business, defined.
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Qualified business means any business engaged in the activities listed in subdivisions (1) through (5) of this section or in the storage, warehousing, distribution, transportation, or sale of tangible personal property. Qualified business does not include any business activity in…
Neb. Rev. Stat. § 77-4923 Qualified property, defined.
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Qualified property means any tangible property of the 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 in…
Neb. Rev. Stat. § 77-4924 Related persons, defined.
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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 section 267(b) and (c) of the Int…
Neb. Rev. Stat. § 77-4925 Wage benefit credit, defined.
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Wage benefit credit means the credit described in the Quality Jobs Act.
Neb. Rev. Stat. § 77-4926 Year, defined.
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Year means the taxable year of the company.
Neb. Rev. Stat. § 77-4927 Wage benefit credit; calculation; excess withholding; refund.
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(1) If a company has entered into an agreement with the state pursuant to section 77-4928, employees who are employed at the project covered by the agreement, other than base-year employees, shall during each project year receive the wage benefit credit in the manner provided in …