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 or Territory: | Nebraska |
| Effected Jurisdiction: | Nebraska |
Jurisdiction type: | State or Territory |
| Fiscal year ending In: | 2023 |
| Program name: | Nebraska Job Creation and Mainstreet Revitalization Act |
| Program purpose: | Historic Preservation |
| Statutory authority: | Nebraska Revised Statutes s. 77-2901 through 77-2912 |
| Abating jurisdiction(s): | State of Nebraska |
| Applicable taxes: | Income Tax; Insurance Premium Tax |
| Method of abatement: | Tax Credit |
| Provisions for recapture: | If at any time during the five years after the improvement to the property is placed in service, the State Historical Preservation Officer determines that the property is the subject of work not in substantial conformance with the approved application or the documents from which the Tax Credit was calculated, Tax Credits may be recaptured from the property owner. |
| Gross revenue loss: | $2,778,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $2,778,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://das.nebraska.gov/accounting/docs/cafr/acfr2023.pdf |
