Farmland Foods, Inc. v. State

NATURE OF CASE

Farmland Foods, Inc., and the Members of the Unitary Group (collectively Farmland) appeal from the district court’s order affirming a decision by the State Tax Commissioner (the Commissioner) to deny a portion of Farmland’s claim for a credit refund under the Employment and Investment Growth Act, 1 commonly referred to as “L.B. 775.” The project agreement between Farmland and the Department of Revenue (the Department) specified that Farmland could claim its credits only against purchases or leases made after the start of the taxable year following the year in which Farmland…