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  • Part-Time Cook Opening
    Consolidated Management Company is accepting applications for part-time cook in the jail.

    Click here for more information or to apply
  • Notice of Public Hearing (Railroad Crossing)

    Notice is hereby given that a public hearing will be held on September 23, 2014, at 10:00 am to hear public comments regarding vacation or abandonment of a railroad crossing in Odessa.

    Click here for more information.
  • Notice of Adoption (Adult Entertainment)
    Notice is hereby given of the adoption of an ordnance regarding adult entertainment.

    Click here for more information.
    
Statute Changes
Statute Changes


BACKGROUND

LB 780 was passed during this last legislative session and will take effect on July 18, 2014. In part, LB 780 is a “clean up” bill for the LB 536 (Transfer on Death Deed) which was passed and effective January 1, 2013. When LB 536 was passed, it provided that in cases where a death certificate would effectuate the transfer of property due to life estate, joint tenancy or transfer on death deed, a Form 521 would be required to be filed as well as a cover sheet.


EFFECTIVE JULY 18, 2014

Due to the passage of LB 780, you will only need to file a cover sheet as prescribed in 76-2,126 and a Form 521, Real Estate Transfer Statement, when you are filing a certified copy of a death certificate with regard to a previously filed Transfer on Death Deed. Therefore, you will NOT need to file a Form 521 if you are filing a certified copy of a death certificate pursuant to Trustees, joint tenancy and/or life estate. You will only need to attach the space requirement cover sheet. The example cover sheet for the Transfer on Death Deed transactions is available here.


NEW DOCUMENTARY STAMP TAX EXEMPTION

Effective July 18, 2014, the Nebraska Legislature passed LB 867 which added a documentary stamp tax exemption for 501(c)(3) organizations. If you are filing a deed transferring property to a nonprofit organization which falls under this classification, you will need to present a letter from the Internal Revenue Service stating that the organization qualifies under IRS rules for the 501(c)(3) exemption.