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Code · Nebraska · Chapter 18 — Cities and Villages; Laws Applicable to All

18-819. Exemption from assessment and taxation; exceptions.

83 words·~1 min read·/ne/chapter-18/18-819

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All property of a regional metropolitan transit authority created pursuant to the Regional Metropolitan Transit Authority Act, all such authority's revenue, income, and operations, and all such authority's revenue bonds and equipment trust notes or certificates shall be exempt from any and all forms of assessment and taxation by the state or any political subdivision thereof, except for assessments under the Nebraska Workers' Compensation Act and any combined tax due or payments in lieu of contributions as required under the Employment Security Law.
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