In response to the increasing demand for wind energy, the U.S. Fish and Wildlife Service (the “Service”) and the Western Area Power Administration (“Western”) recently announced a streamlined environmental review process of wind projects in the Upper Great Plains Region (the “Region”). The Region includes Iowa, Minnesota, Montana, Nebraska, North […]
Dirt Alert
Practitioner’s Insight – Nebraska’s Historic Tax Credit Program
on Friday, 17 June 2016 in
Dirt Alert: David C. Levy, Editor
Beginning in 2015, the Nebraska Job Creation and Mainstreet Revitalization Act provides $15 million in state historic preservation tax credits annually. The credit is equal to 20 percent of eligible expenditures incurred for improvements to qualifying historically significant real property. The credit is limited to a $1 million tax credit […]
SCOTUS Holds Omaha Indian Tribe Has Jurisdiction Over Pender Retailers
on Friday, 17 June 2016 in
Dirt Alert: David C. Levy, Editor
Nebraska v. Parker, 136 S. Ct. 1072 (2016). The Omaha Indian Tribe asserted jurisdiction over the Village of Pender, Nebraska, by subjecting Pender retailers to a liquor ordinance that required liquor licenses, imposed sales tax on liquor sales, and fined violators. Pender and Pender retailers sued members of the Omaha […]
Request for Notice of Sale in Trust Deed Did Not Apply to Senior Lienholder
on Friday, 17 June 2016 in
Dirt Alert: David C. Levy, Editor
First Neb. Educators Credit Union v. U.S. Bancorp, 293 Neb. 308 (2016). U.S. Bank filed a trust deed on real property in Nebraska in 2006. First Nebraska filed a trust deed on the same property in 2007. The First Nebraska trust deed contained a clause requesting notice of default and […]
IRS Clarifies and Expands Eligibility for the Federal Renewable Energy Production Tax Credit
on Friday, 3 June 2016 in
Dirt Alert: David C. Levy, Editor
Following the Congressional extension of the federal renewable energy production tax credit (“PTC”) for wind generation facilities in 2015, the Internal Revenue Service recently issued guidance giving qualified wind generation facilities up to two additional years (or four years after beginning construction) to qualify for the PTC. The notice also […]
