Nebraska § 77-1019 Qualified property, defined

Nebraska Statutes

§ 77-1019 — Qualified property, defined

Nebraska § 77-1019

Ch. 77Revenue and Taxation

This text of Nebraska § 77-1019 (Qualified property, defined) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 77-1019 (2026).

Text

(1)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.

(2)Qualified property does not include (a) aircraft, barges, motor vehicles, railroad rolling stock, or watercraft or (b) property that is rented by the taxpayer qualifying under the Nebraska Advantage Transformational Tourism and Redevelopment Act to another person.

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(1) 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.
(2) Qualified property
does not include (a) aircraft, barges, motor vehicles, railroad rolling stock,
or watercraft or (b) property that is rented by the taxpayer qualifying under
the Nebraska Advantage Transformational Tourism and Redevelopment Act to another
person.