Nebraska 2023-2024 Regular Session

Nebraska Legislature Bill LB1344

Introduced
1/17/24  
Refer
1/18/24  
Engrossed
3/14/24  
Enrolled
3/26/24  
Passed
4/11/24  

Caption

Rename and change provisions of the Community Development Assistance Act and change provisions of the Good Life Transformational Projects Act

Impact

If enacted, LB1344 would significantly impact the way state resources are allocated to community projects. By redefining existing programs and possibly introducing new guidelines for funding, the bill would aim to enhance local efforts in addressing social and economic challenges. This could lead to revitalized neighborhoods, improved public spaces, and increased local engagement in development processes. The provisions in the bill would likely promote collaboration among state and local agencies, thereby enhancing the overall effectiveness of development initiatives.

Summary

LB1344 aims to rename and amend provisions within the Community Development Assistance Act and the Good Life Transformational Projects Act. The bill focuses on facilitating funding and support for community development projects to enhance the quality of life in Nebraska. It seeks to streamline the process by which local governments can access financial resources and technical assistance for transformative initiatives, thereby fostering economic development and improving community welfare.

Sentiment

The sentiment around LB1344 has been generally positive, with bipartisan support highlighted during discussions. Legislators acknowledged the importance of robust community development as a means to improve the state's livability and economic viability. Supporters emphasize that by investing in local projects, the state can create jobs and attract residents, ultimately stimulating economic growth. However, some concerns were raised regarding the sufficiency of funding and the mechanisms in place to ensure equitable access to resources among diverse communities.

Contention

Despite the overarching support for LB1344, some points of contention emerged during debates, particularly regarding how funds would be distributed and monitored. Critics voiced concerns about ensuring that smaller or less affluent communities would not be overlooked in favor of larger, more developed areas. Additionally, there were discussions about the accountability of projects funded under the revised provisions, with calls for transparency to ensure that public investments lead to real, measurable benefits for the communities involved.

Companion Bills

No companion bills found.

Previously Filed As

NE LB510

Change provisions relating to the sales tax rate, the Good Life Transformational Projects Act, and the Good Life District Economic Development Act

NE LB707

Change provisions relating to the sales tax rate, the Good Life Transformational Projects Act, and the Good Life District Economic Development Act

NE LB1228

Change the Good Life Transformational Projects Act

NE LB692

Adopt the Good Life Transformational Projects Act and change the sales tax rate

NE LB1356

Change provisions relating to the Community Development Assistance Act and provide tax credits

NE LB532

Change provisions of the Community Development Law

NE LB240

Change certain notice provisions under the Community Development Law

NE LB116

Change provisions of the Convention Center Facility Financing Assistance Act and the Nebraska Visitors Development Act

NE LB47

Change provisions of the Business Innovation Act and the Small Business Assistance Act

NE LB621

Change provisions relating to the Site and Building Development Act

Similar Bills

No similar bills found.