Nebraska Statutes 18-3409. Exemption from taxation
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The real property of a land bank and the land bank’s income and operations are exempt from all taxation by the state or any political subdivision thereof.
Source
- Laws 2013, LB97, § 9;
- R.S.Supp.,2018, § 19-5209;
- Laws 2020, LB424, § 9.
Terms Used In Nebraska Statutes 18-3409
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- State: when applied to different states of the United States shall be construed to extend to and include the District of Columbia and the several territories organized by Congress. See Nebraska Statutes 49-801