Neb. Rev. Stat. §§ 77-6608

Current with changes through the 2024 First Special Legislative Session
Section 77-6608 - Tax credit; reduction, termination, or rescission; repayment or recapture of tax credit

The failure by an eligible business in fulfilling any requirement of the Renewable Chemical Production Tax Credit Act or any of the terms and obligations of an agreement entered into pursuant to section 77-6604 may result in the reduction, termination, or rescission of the tax credits under the act and may subject the eligible business to the repayment or recapture of tax credits claimed.

Neb. Rev. Stat. §§ 77-6608

Laws 2020, LB 1107, § 74.
Added by Laws 2020, LB 1107,§ 74, eff. 1/1/2021.