The Nebraska Legislature’s Urban Affairs Committee and Executive Board continue to study the use of tax increment financing (“TIF”), potential restrictions on the use of TIF, and the use of Local Option Municipal Economic Development Act or LB 840 funds for economic development projects. LB 1059 (Crawford) requires redevelopers applying […]
Dirt Alert
Memory Care Endorsements and Sales Tax Exemptions to Support Nebraska’s Health Care System
Legislative Bills 708 (Bolz), 774 (Scheer), and 1088 (Davis) relate to the health care needs of Nebraska. LB 708 allows health-care facilities providing memory care to include on their license a “memory care” endorsement, after applying and meeting certain qualifications. The bill requires the Department of Health and Human Services […]
Legislation Supports Multiple Forms of Renewable Energy
Nebraska legislators have proposed multiple bills to support wind, solar, and other forms of renewable energy by enacting tax credits and requiring the State to provide additional resources. On February 4, 2016, the Nebraska Legislature held a hearing for LB 736 (Friesen), a bill that clarifies that any public power […]
Legislation Introduced to Amend the Local Option Municipal Economic Development Act
The Nebraska Legislature is considering two bills that would amend the Local Option Municipal Economic Development Act. The Legislature’s Urban Affairs committee will hear testimony on LBs 808 and 860 on February 9, 2016. LB 808 (Hansen) removes the requirement for a vote of a city’s registered voters for amendments […]
Natural Resources Committee Considers Removing Barriers to the Export of Renewable Energy
On January 27, 2016, the Natural Resources Committee heard testimony on LB 824 (McCollister), which removes several significant barriers inhibiting private development of wind energy and encourages billions of dollars of investment in Nebraska. LB 824 allows development of private renewable generation facilities with limited oversight by the Nebraska Power […]