Employment Expansion and
Investment Incentive Act
Reporting Requirements


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Neb. Rev. Stat. ยง 77-27,195 provided (prior to amendment by LB 608 in 2003):

Report; contents.

(1) The Tax Commissioner shall prepare a report identifying the amount of investment in this state and the number of equivalent jobs created by each taxpayer claiming a credit pursuant to the Employment Expansion and Investment Incentive Act.

The report shall include the amount of credits claimed in the aggregate.

The report shall be issued on or before July 15 of each year beginning with July 15, 2007, for all credits allowed during the previous calendar year.

(2) In the report for any year in which a taxpayer located in an enterprise zone designated pursuant to the Enterprise Zone Act claimed a credit pursuant to subsection (3) of section 77-27,188, the Tax Commissioner shall identify

(a) the amount of investment made in each enterprise zone by all taxpayers claiming credits,

(b) the number of jobs created in each enterprise zone by all taxpayers claiming credits,

(c) the number of jobs created in each enterprise zone by all taxpayers claiming credits held by residents of the enterprise zone, and (d) the average wage on an hourly basis or the average annual salary of new jobs created in each enterprise zone by all taxpayers claiming credits.

(d) the average wage on an hourly basis or the average annual salary of new jobs created in each enterprise zone by all taxpayers claiming credits.