Agricultural or horticultural lands; special valuation; disqualification.

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77-1347. Agricultural or horticultural lands; special valuation; disqualification.

Upon approval of an application, the county assessor shall value the land as provided in section 77-1344 until the land becomes disqualified for such valuation by:

(1) Written notification by the applicant or his or her successor in interest to the county assessor to remove such special valuation;

(2) Except as provided in subsection (2) of section 77-1344, inclusion of the land within the corporate boundaries of any sanitary and improvement district, city, or village;

(3) The land no longer qualifying as agricultural or horticultural land; or

(4) For land that consists of five contiguous acres or less, the owner or lessee of the land not being able to provide an Internal Revenue Service Schedule F documenting a profit or loss from farming for two out of the last three years.

Source

  • Laws 1974, LB 359, § 5;
  • Laws 1983, LB 26, § 4;
  • Laws 1985, LB 271, § 19;
  • Laws 1989, LB 361, § 12;
  • Laws 2000, LB 968, § 53;
  • Laws 2001, LB 170, § 11;
  • Laws 2002, LB 994, § 18;
  • Laws 2005, LB 263, § 12;
  • Laws 2006, LB 808, § 31;
  • Laws 2010, LB806, § 1;
  • Laws 2019, LB185, § 2.


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