State Codes and Statutes

State Codes and Statutes

Statutes > Nebraska > Chapter86 > 86-154

86-154. Rate change based on tax increases.The commission shall approve the disposition of revenue resulting from decreases in federal or state income taxes or property taxes due to a tax law change that results in a reduction in the tax liability of a telecommunications company of twenty percent or more in any taxable year. Any telecommunications company so affected shall file a plan with the commission proposing the disposition of the revenue at the same time that it files its annual report with the commission. The commission shall schedule a public hearing within thirty days after the filing of the plan or the plan shall be deemed approved. SourceLaws 2002, LB 1105, § 53.