Nebraska § 77-3138 Tax credit; application; approval; certificate

Nebraska Statutes

§ 77-3138 — Tax credit; application; approval; certificate

Nebraska § 77-3138

Ch. 77Revenue and Taxation

This text of Nebraska § 77-3138 (Tax credit; application; approval; certificate) 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. § 77-3138 (2026).

Text

(1)If the department determines that an application is complete and that the eligible taxpayer qualifies for tax credits under the Nebraska Shortline Rail Modernization Act, the department shall approve the application and issue a tax credit certificate to the eligible taxpayer. The certificate shall include the following information:

(a)An identification number for the certificate;

(b)The date of issuance for the certificate; and

(c)The amount of the tax credit allowed under the act for the eligible taxpayer.

(2)The department shall consider and approve applications for tax credits under the act in the order in which the applications are received.

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(1) If the department determines that an application is complete and that the eligible taxpayer qualifies for tax credits under the Nebraska Shortline Rail Modernization Act, the department shall approve the application and issue a tax credit certificate to the eligible taxpayer. The certificate shall include the following information:
(a) An identification number for the certificate;
(b) The date of issuance for the certificate; and
(c) The amount of the tax credit allowed under the act for the eligible taxpayer.
(2) The department shall consider and approve applications for tax credits under the act in the order in which the applications are received.