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Code · Nebraska · Chapter 3 — Aeronautics

3-209. Municipality; acquired property and income; exempt from taxation.

58 words·~1 min read·/ne/chapter-3/3-209

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Any property acquired by a municipality pursuant to the provisions of sections 3-201 to 3-238 and 18-1502 shall be exempt from taxation to the same extent as other property used for public purposes. All income received in connection with the operation by a municipality of any airport or other air navigation facility shall also be exempt from taxation.
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