Nebraska § 77-3135 - Terms, defined.
Full text of Nebraska Revised Statutes of Nebraska § 77-3135 — Terms, defined., with citation guidance and answers to common questions.
§ 77-3135. Terms, defined.
For purposes of the Nebraska Shortline Rail Modernization Act:
(1) Department means the Department of Revenue;
(2) Eligible taxpayer means any shortline railroad company located wholly or partly in Nebraska that is classified by the federal Surface Transportation Board as a Class III railroad;
(3)(a) Qualified shortline railroad maintenance expenditures means gross expenditures for railroad infrastructure maintenance and capital improvements, including, but not limited to, rail, tie plates, joint bars, fasteners, switches, ballast, subgrade, roadbed, bridges, industrial leads, sidings, signs, safety barriers, crossing signals and gates, and related track structures owned or leased by a Class III railroad.
(b) Qualified shortline railroad maintenance expenditures does not include expenditures used to generate a federal tax credit or expenditures funded by a federal grant; and
(4) Taxpayer means any individual, corporation, partnership, limited liability company, trust, estate, or other entity subject to the income tax imposed by the Nebraska Revenue Act of 1967 or any tax imposed by sections 77-907 to 77-918 or 77-3801 to 77-3807.
Frequently Asked Questions About Nebraska § 77-3135
What does Revised Statutes of Nebraska § 77-3135 cover?
Section 77-3135 ("Terms, 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 § 77-3135?
A common citation format is "Revised Statutes of Nebraska § 77-3135" (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 § 77-3135 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.