Issuance of Notice 2014-46 The IRS has clarified the rules for tax credits relating to renewable energy projects by issuing new guidance regarding pre-2014 qualification requirements for production tax credits (“PTC”) and investment tax credits (“ITC”). On August 8, 2014, the IRS issued Notice 2014-46 (the “Notice”), which addressed requirements […]
Dirt Alert
Tax Deeds Foreclosed a Sanitary and Improvement District’s Special Assessment Liens
on Tuesday, 19 August 2014 in
Dirt Alert: David C. Levy, Editor
The Nebraska Supreme Court, in Sanitary and Improvement District No. 24 v. Tristar Management, LLC, held that Tristar’s tax deeds foreclosed the SID’s special assessment liens. The issue was whether the SID’s special assessment liens against real estate located within the SID survived Tristar’s acquisition of the property by tax […]
Douglas County Property Valuation Protests due June 30
on Wednesday, 18 June 2014 in
Dirt Alert: David C. Levy, Editor
The Douglas County Assessor values properties located in Douglas County as of January 1 of each year with final valuations set on or about May 1 of each year. If a property owner disagrees with the property value that the Assessor assigns, the owner may file a Property Valuation Protest […]
EPA’s Proposed Rule on Reducing Carbon Dioxide Emissions and the Effects on Nebraska
on Thursday, 5 June 2014 in
Dirt Alert: David C. Levy, Editor
On June 2, 2014, the United States Environmental Protection Agency issued a proposed rule to reduce carbon dioxide emissions from the generation of electricity. The EPA’s Clean Power Plan proposes to reduce emissions nationwide by 30 percent of 2005 levels, by 2030. The proposal’s two main elements are state specific […]
Ambiguous Organizing Documents Can Be Costly for Homeowners’ Associations
on Tuesday, 27 May 2014 in
Dirt Alert: David C. Levy, Editor
On April 1, 2014, the Nebraska Court of Appeals decided Oak Hills Highlands Association, Inc. v. Estate of LeVasseur. The case involved interesting facts and a lesson for homeowners’ associations. Bylaws, declarations, and other organizing documents need to be written in unambiguous language. Specifically, if a homeowners’ association intends to […]
