Nebraska Administrative Code
Topic - REVENUE, DEPARTMENT OF
Title 350 - Nebraska Department of Revenue, Property Assessment Division
Chapter 41 - In Lieu of Tax Regulations
Section 350-41-003 - NEBRASKA GAME AND PARKS COMMISSION
Current through March 20, 2024
003.01 The Game and Parks Commission shall annually make in lieu of tax payments for land acquired for wildlife management purposes. The payments shall be the same as what the real property taxes would have been if the land was privately owned. The Commission shall make the payments to the county treasurer of the county where the land is located. In lieu of tax payments by the Commission shall be exempt from penalty or interest for late payments.
003.02 The county treasurer shall distribute the in lieu of tax payments to the political subdivisions of the tax district in which the land has situs. The distribution shall be in the same manner as other real property taxes collected within the tax district.
003.03 The land shall be valued annually by the assessor based upon the use of the land at the time of acquisition by the Game and Parks Commission. Use at the time of acquisition shall mean, for example the classification of the land pursuant to the Agricultural Land and Horticultural Land Assessment Regulations, Chapter 14, such as irrigated land, dryland, grassland and/or wasteland. The assessor shall determine the use at the time of acquisition. The assessor shall value the land in a manner that equalizes the land with other land under that use as of January 1. Such valuation shall apply only to land and shall not apply to any improvements.
003.04 On or before June 1 and in a manner similar to other notices, the assessor shall send notice to the Game and Parks Commission for each parcel of wildlife management land which has been assessed at a value different than in the previous year.
003.05 The Game and Parks Commission may protest the assessed valuation of the land to the county board of equalization, in the same manner as other real property is protested pursuant to Neb. Rev. Stat. Section 77-1502. The county board shall afford the Commission the same due process as is given other property valuation protests.
003.06 The Game and Parks Commission may appeal the action of the county board of equalization to the Tax Equalization and Review Commission pursuant to Neb. Rev. Stat. Section 77-5013.
003.07 The valuation attributed to wildlife management land shall not be included in the certification of valuation to the political subdivisions for levying purposes pursuant to Neb. Rev. Stat. Section 13-509. The assessor shall report all information concerning the in lieu of tax as required by the Property Tax Administrator on the Abstract of Assessment and the Certificate of Taxes Levied Report.
