Nebraska Statutes 77-6502. Purpose of act
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The purpose of the Key Employer and Jobs Retention Act is to provide incentives to encourage key employers to remain in the state and retain well-paid employees in the state when there is a change in ownership and control of the key employer and the new owners are considering moving some or all of the key employer’s jobs to other states.
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Terms Used In Nebraska Statutes 77-6502
- Key employer: means a taxpayer that:
(1) Employs at least one thousand equivalent employees in Nebraska during the base year. See Nebraska Statutes 77-6509
- 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