LB 806 (Mello) adopts the Riverfront Development District Act (the “Act”). The Act would enable cities to create one or more riverfront districts to improve or develop riverfront areas and to assess an occupation tax based on a business owner’s square footage to fund the development. A quasi-municipal body, a […]
Dirt Alert
Urban Affairs Committee Considers Changes to Tax Increment Financing
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 […]
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 […]