Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
| State: | Nebraska |
| Effected Jurisdiction: | Nebraska |
Jurisdiction type: | State |
| Fiscal year ending In: | 2020 |
| Program name: | Nebraska Advantage Rural Development Act |
| Program purpose: | Business attraction/retention/expansion |
| Statutory authority: | Nebraska Revised Statutes s. 77-27, 187 through 77-27.196.01 |
| Abating jurisdiction(s): | State of Nebraska |
| Applicable taxes: | Sales and Use Tax; Income Tax |
| Method of abatement: | Tax Credit; Tax refund |
| Provisions for recapture: | If a taxpayer with a livestock modernization project fails to attain 75% of investment estimates, all benefits will be recaptured. |
| Gross revenue loss: | $1,916,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $1,916,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://das.nebraska.gov/accounting/fin-report.html |
