Property Tax Exemption for Renewable Energy Generation Facilities
Note: In 2024, the Nebraska legislature passed L.B. 1317, which means that land underlying renewable energy facilities is no longer classified as agricultural. The Nebraska Department of Revenue issued Directive 24-3, which states that land underlying renewable energy facilities should be classified as undeveloped commercial land.
Personal Property
In 2010 Nebraska created a nameplate capacity tax that replaced the Nebraska Department of Revenue's central assessment and taxation of depreciable tangible personal property associated with wind energy generation facilities (see L.B. 1048). In 2015, eligibility was extended to solar, biomass, and landfill gas (see L.B. 424).
The nameplate capacity