Neb. Rev. Stat. §§ 77-609

Current with changes from the 2024 Legislative Session

Section 77-609 - Railroad operating property; density factor; recalculation

Beginning January 1, 2001, the Property Tax Administrator shall annually calculate the density factor used in distributing value along the line based upon an average of the most recent three years. If a density factor cannot be determined in this manner, the Property Tax Administrator may use other information to develop a fair and reasonable factor in lieu of the density factor.

Neb. Rev. Stat. §§ 77-609

Laws 1927, c. 174, § 1, p. 509; C.S.1929, § 77-509; R.S.1943, § 77-609; Laws 1979, LB 105, § 6; Laws 1985, LB 268, § 11; Laws 1995, LB 490, § 68; Laws 2000, LB 968, § 35.