Nebraska Statutes 79-488. Districts; reduction in size through acquisition of land by United States; attachment of remainder; apportionment of funds
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When a district is reduced in size by the purchase or appropriation of land by the United States for any defense, flood control, irrigation, or war project, the district to which such remaining part is attached shall receive a pro rata share of all funds based upon the ratio of taxable valuation of the remaining part to the total taxable valuation of the former district as determined at the last current valuation.
Source
- Laws 1943, c. 197, § 4, p. 665;
- R.S.1943, § 79-128.01;
- Laws 1949, c. 256, § 56, p. 711;
- Laws 1979, LB 187, § 224;
- Laws 1992, LB 719A, § 181;
- R.S.1943, (1994), § 79-417;
- Laws 1996, LB 900, § 237.
Terms Used In Nebraska Statutes 79-488
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- United States: shall include territories, outlying possessions, and the District of Columbia. See Nebraska Statutes 49-801