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Code · Nebraska · Chapter 77 — Revenue and Taxation

77-202.05. Property taxable; exempt status; Tax Commissioner; forms; prescribe; contents.

145 words·~1 min read·/ne/chapter-77/77-202-05

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The Tax Commissioner shall prescribe forms for distribution to the county assessors on which persons, corporations, and organizations may apply for tax-exempt status for real or tangible personal property. The forms shall include the following information:
(1)Name of owner or owners of the property, and if a corporation, the names of the officers and directors, and place of incorporation;
(2)Legal description of real property and a general description as to class and use of all tangible personal property;
(3)The precise statutory provision under which exempt status for such property is claimed;
(4)An estimated valuation for the property; and
(5)For applications for tax-exempt status for property described in subdivision (1)(f) of section 77-202 :
(a)Proof of the recorded easement; and
(b)Certification from the eligible holder, as defined in section 77-215 , confirming compliance with public access and connectivity requirements.
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