Nebraska § 77-6906 Economic redevelopment area, defined

Nebraska Statutes

§ 77-6906 — Economic redevelopment area, defined

Nebraska·Ch. 77 Revenue and Taxation

Economic redevelopment area means an area in the State of Nebraska in which:

(1)The average rate of unemployment in the area during the period covered by the most recent American Community Survey 5-Year Estimate by the United States Bureau of the Census is at least one hundred fifty percent of the average rate of unemployment in the state during the same period; and

(2)The average poverty rate in the area is twenty percent or more for the federal census tract in the area.

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Economic redevelopment area means an area in the State of Nebraska in which:
(1) The average rate of unemployment in the area during the period covered by the most recent American Community Survey 5-Year Estimate by the United States Bureau of the Census is at least one hundred fifty percent of the average rate of unemployment in the state during the same period; and
(2) The average poverty rate in the area is twenty percent or more for the federal census tract in the area.

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