Entitlement period means the year during which the required increases in employment and investment were met or exceeded and each year thereafter until the end of the ninth year following the year of application.

Terms Used In Nebraska Statutes 77-1010

  • Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
  • Investment: means the value of qualified property incorporated into or used at the project. See Nebraska Statutes 77-1013
  • Year: means the taxable year of the taxpayer. See Nebraska Statutes 77-1026
  • Year of application: means the year that a completed application is filed under the Nebraska Advantage Transformational Tourism and Redevelopment Act. See Nebraska Statutes 77-1027
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