Nebraska 2025 2025-2026 Regular Session

Nebraska Legislature Bill LB234 Comm Sub / Analysis

Filed 03/14/2025

                    One Hundred Ninth Legislature - First Session - 2025
Introducer€s Statement of Intent
LB234
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Chairperson: Senator R. Brad von Gillern
Committee: Revenue
Date of Hearing: March 20, 2025
The following constitutes the reasons for this bill and the purposes which are sought to be
accomplished thereby:
LB 234 amends the Urban Redevelopment Act by expanding eligibility for the
program.  Currently, the program can only be used for applicants located in qualified census
tracts (QCTs).
LB 234 expands the geographical requirements to include census tracts that are adjacent to
QCTs, thereby increasing the areas where the Urban Redevelopment Act can be used as an
economic development incentive tool.
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Principal Introducer:________________________________
Senator Danielle Conrad
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