Legislative Bill 531 (“LB 531”) became law on June 6, 2023. This bill made six important changes to Community Development Law and tax increment financing (“TIF”) in Nebraska. While LB 531 has been law for a bit, it makes enough important changes that we thought it beneficial to send a […]
Dirt Alert
Summaries from Days 6-10 of Nebraska Bill Introduction
The Second Regular Session of the 108th Nebraska Legislature convened on January 3, 2024. As of January 17, the period to introduce new legislation for this session has closed. As of the publishing of this article, forty-eight (48) legislative days remain in the session. Through the first five days of bill introduction, […]
EPA Grants Louisiana Primacy Over Carbon Capture and Storage Permitting
State primacy should help local projects obtain faster approval. Other states may follow Louisiana’s lead in applying for primacy. Louisiana recently became the third state with primacy to issue Class VI permits for carbon capture and storage (“CCS”) projects within the state. North Dakota and Wyoming received in 2018 and […]
Highlights From the First Half of Bill Introduction in the 2024 Session of the Nebraska Legislature
The Second Regular Session of the 108th Nebraska Legislature convened on January 3, 2024. As of January 10, fifty-four (54) legislative days remain in the session. Bill introduction will conclude on January 17, 2024. Through the first five days of bill introduction, we identified twenty-six (26) bills warranting particular attention. All abbreviations […]
Federal Regulators Propose Clarifying Definitions and Additional Requirements for Clean Hydrogen Tax Credits
The Department of the Treasury (“Treasury”) and Internal Revenue Service (“IRS”) recently proposed regulations that would clarify key components of the clean hydrogen Investment Tax Credit (“ITC”) and the Clean Hydrogen Tax Credit (“45V Credit”). See 26 U.S.C. Sections 48(a)(15) and 45V, respectively. We recently analyzed other proposed regulations relating […]