Nebraska 2023-2024 Regular Session

Nebraska Legislature Bill LB453

Introduced
1/13/23  
Refer
1/18/23  

Caption

Provide an additional use of the Highway Cash Fund and change provisions relating to bridge replacement and road construction contracts

Impact

The implementation of LB453 would likely enhance the state's ability to maintain and improve its roadways and bridges, which are crucial components of public safety and economic viability. By enabling more flexible use of the Highway Cash Fund, the state may be able to accelerate necessary infrastructure projects that have been previously delayed due to financial constraints. This could also provide a boost to local economies as improved road and bridge conditions facilitate better transportation of goods and services.

Overall

In summary, LB453 represents a strategic framework aimed at enhancing state infrastructure through more flexible financial mechanisms. It reflects an intent to proactively address transportation needs while also carrying the potential for debate over its financial implications and the prioritization of infrastructure spending within the state budget.

Summary

LB453 is a legislative bill aimed at providing additional uses for the Highway Cash Fund, which is essential for funding road construction and bridge replacement projects. This bill is particularly significant as it seeks to amend existing provisions related to the allocation of these funds, potentially expanding the scope of projects that can be supported financially through this fund. By broadening the specific uses allowed under the fund, the bill intends to address gaps in transportation infrastructure that have been highlighted by stakeholders in recent years.

Contention

Although the bill appears to have clear benefits in improving infrastructure, it may also face scrutiny regarding fiscal responsibility. Critiques may arise concerning whether the additional uses of the Highway Cash Fund align with broader budgetary constraints or priorities. Some legislators or advocacy groups may express concerns regarding the potential misallocation of funds, suggesting that a lack of oversight could lead to inefficient spending or projects that do not serve the most pressing needs of the state’s infrastructure.

Companion Bills

No companion bills found.

Previously Filed As

NE LB645

Change provisions relating to state highways and roads

NE LB1030

Change provisions of the County Bridge Match Program and provide for a transfer of funds from the Roads Operations Cash Fund

NE LB226

Change provisions relating to construction manager-general contractor contracts and public-private partnerships under the Transportation Innovation Act

NE LB542

Change and eliminate payment provisions for road construction costs relating to utility facilities

NE LB844

Change provisions of the Farm Labor Contractors Act

NE LB3

Provide, change, and eliminate provisions relating to funds

NE LB683

Change provisions relating to the County Bridge Match Program, the Highway Cash Fund, the Nebraska Telecommunications Universal Service Fund, the Roads Operations Cash Fund, the Nebraska Broadband Bridge Act, the One-Call Notification System Act, and the Small Wireless Facilities Deployment Act, adopt the Rural Communications Sustainability Act, and create the Nebraska Broadband Office and the Underground Excavation Safety Committee

NE LB1245

Change provisions relating to the Lead Service Line Cash Fund and provide for grants

NE LB818

Provide for transfers of funds, create funds, and change and eliminate provisions regarding the sources, uses, and transfers of funds

NE LB599

Change provisions relating to recycling under the Environmental Protection Act and the Integrated Solid Waste Management Act and provide for an additional use of the Waste Reduction and Recycling Incentive Fund

Similar Bills

No similar bills found.