Nebraska 2024 2024 1st Special Session

Nebraska Legislature Bill LB70 Comm Sub / Analysis

Filed 07/31/2024

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One Hundred Eighth Legislature - First Special Session - 2024
Introducer€s Statement of Intent
LB70
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Chairperson: Senator Lou Ann Linehan
Committee: Revenue
Date of Hearing: August 2, 2024
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The following constitutes the reasons for this bill and the purposes which are sought to be
accomplished thereby:
LB70 establishes a reimbursable performance-based grants program in Nebraska aimed at reducing property
taxes by addressing the root causes of incarceration, homelessness, and poverty among young adults aged 18-25.
This grant program will support results-driven initiatives that focus on employment opportunities, upward
mobility, sustainability, equity, trauma-informed care, and cognitive behavioral therapy, fostering positive social
outcomes.
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Principal Introducer:________________________________
Senator Terrell McKinney
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