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: | City of Lincoln |
Jurisdiction type: | Municipality |
| Fiscal year ending In: | 2023 |
| Program name: | Employment and Investment Growth Act; Nebraska Advantage Act |
| Program purpose: | Job Creation/Retention |
| Statutory authority: | Neb.Rev.Stat. SS 77-4101 et. seq |
| Abating jurisdiction(s): | Lincoln, Nebraska |
| Applicable taxes: | Sales Tax |
| Method of abatement: | (not specified) |
| Provisions for recapture: | If the project qualifies for benefits, but later falls below the required levels of jobs or investment, the company receives no benefits for that year and oneseventh of the benefits already received are recaptured for each year the company fails to qualify. |
| Gross revenue loss: | $1,960,397 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $1,960,397 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://www.lincoln.ne.gov/files/sharedassets/public/v/1/finance/account... |
