2021 Nebraska Revised Statutes
Chapter 77 - Revenue and Taxation
77-6906 - Economic redevelopment area, defined.

Universal Citation:
NE Code § 77-6906 (2021)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

77-6906. Economic redevelopment area, defined.

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 federal decennial census or 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.

Source

  • Laws 2021, LB544, ยง 6.
  • Operative Date: January 1, 2022

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