One Hundred Ninth Legislature - First Session - 2025
Introducer€s Statement of Intent
LB626
€
Chairperson: Senator Terrell McKinney
Committee: Urban Affairs
Date of Hearing: February 25, 2025
€
The following constitutes the reasons for this bill and the purposes which are sought to be
accomplished thereby:
LB626 makes it possible to use Tax Increment Financing (TIF) for affordable housing. It also
defines affordable housing.
€
Principal Introducer:________________________________
Senator Robert Dover
- 1 -