Nebraska Statutes
§ 77-119 — Depreciable tangible personal property, defined
Nebraska § 77-119
JurisdictionNebraska
Ch. 77Revenue and Taxation
This text of Nebraska § 77-119 (Depreciable tangible personal 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. § 77-119 (2026).
Text
Depreciable tangible personal property shall mean tangible personal property which is used in a trade or business or used for the production of income and which has a determinable life of longer than one year.
Free access — add to your briefcase to read the full text and ask questions with AI
Related
Farmers Co-op v. State
296 Neb. 347 (Nebraska Supreme Court, 2017)
Legislative History
Source: Laws 1992, LB 1063, § 48; Laws 1992, LB 719A, § 204.
Annotations: Section 77-101 did not require the definition of "[d]epreciable tangible personal property" in this section to be used to define "depreciable repairs or parts" in section 77-2708.01, because the term "repairs" in section 77-2708.01 made the phrases contextually different. Farmers Co-op v. State, 296 Neb. 347, 893 N.W.2d 728 (2017).
Nearby Sections
15
§ 77-1001
Act, how cited§ 77-1003
Definitions, where found§ 77-1004
Tax terms, meaning§ 77-1005
Approved cost, defined§ 77-1006
Approved project, defined§ 77-1007
Cultural development, defined§ 77-1008
Destination dining, defined§ 77-101
Definitions, where found§ 77-1010
Entitlement period, defined§ 77-1011
Full-service restaurant, defined§ 77-1012
Historical redevelopment, defined§ 77-1013
Investment, defined§ 77-1014
Lodging, definedCite This Page — Counsel Stack
Bluebook (online)
Nebraska § 77-119, Counsel Stack Legal Research, https://law.counselstack.com/statute/ne/77-119.