Nebraska § 58-210.02 - Economic-impact project, defined.
Full text of Nebraska Revised Statutes of Nebraska § 58-210.02 — Economic-impact project, defined., with citation guidance and answers to common questions.
§ 58-210.02. Economic-impact project, defined.
(1) Economic-impact project means:
(a) Any of the following, whether or not in existence, financed in whole or in part through the use of the federal new markets tax credit described in section 45D of the Internal Revenue Code, and located in a low-income community designated pursuant to section 45D of the Internal Revenue Code or designated by the Department of Economic Development:
(i) Any land, building, or other improvement, including, but not limited to, infrastructure;
(ii) Any real or personal property;
(iii) Any equipment; or
(iv) Any undivided or other interest in any property described in subdivision (1)(a)(i), (1)(a)(ii), or (1)(a)(iii) of this section; or
(b) Any of the following, whether or not in existence, which constitutes a qualified opportunity zone business located in one or more certified qualified opportunity zones which is financed in whole or in part through one or more investments acquired by one or more qualified opportunity funds as authorized pursuant to the federal Tax Cuts and Jobs Act, Public Law 115-97:
(i) Any land, building, or other improvement, including, but not limited to, infrastructure;
(ii) Any real or personal property;
(iii) Any equipment; or
(iv) Any undivided or other interest in any property described in subdivision (1)(b)(i), (1)(b)(ii), or (1)(b)(iii) of this section.
(2) Economic-impact project does not include any operating capital.
Frequently Asked Questions About Nebraska § 58-210.02
What does Revised Statutes of Nebraska § 58-210.02 cover?
Section 58-210.02 ("Economic-impact project, defined.") is part of the Revised Statutes of Nebraska, the codified statutory law of Nebraska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nebraska § 58-210.02?
A common citation format is "Revised Statutes of Nebraska § 58-210.02" (Nebraska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nebraska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nebraska official source linked on this page or consult a licensed Nebraska attorney.
How does Nebraska § 58-210.02 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nebraska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nebraska.