Nebraska § 77-6844 Nebraska-based covered entity under federal law; application; approval; conditions; director; issue agreement, when

Nebraska Statutes

§ 77-6844 — Nebraska-based covered entity under federal law; application; approval; conditions; director; issue agreement, when

Nebraska·Ch. 77 Revenue and Taxation

(1)It is the intent of the Legislature that an application made by a taxpayer that is a Nebraska-based covered entity as defined in 15 U.S.C. 4651 under the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act, Public Law 116-283, be approved upon receipt if:

(a)The taxpayer's application contains the items listed in subsection (2) of section 77-6827 ; and

(b)The taxpayer's application meets the federal eligibility requirements of the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act, Public Law 116-283.

(2)Not more than thirty days after receipt and approval of an application under subsection (1) of this section, the director shall issue to such taxpayer a written agreement conforming to the requirements of sections 77-6828 , 77-

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(1) It is the intent of the Legislature that an application made by a taxpayer that is a Nebraska-based covered entity as defined in 15 U.S.C. 4651 under the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act, Public Law 116-283, be approved upon receipt if:
(a) The taxpayer's application contains the items listed in subsection (2) of section 77-6827 ; and
(b) The taxpayer's application meets the federal eligibility requirements of the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act, Public Law 116-283.
(2) Not more than thirty days after receipt and approval of an application under subsection (1) of this section, the director shall issue to such taxpayer a written agreement conforming to the requirements of sections 77-6828 , 77-6845 , and 77-6846 .

Nebraska § 77-6844 (Nebraska-based covered entity under federal law; application; approval; conditions; director; issue agreement, when) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.