Loading chat...

NE LB1126

Bill

Status

Introduced

1/20/2026

Primary Sponsor

Mike Moser

Click for details

Origin

Legislature

109th Legislature

AI Summary

  • Creates the Infrastructure Development Investment Program Act establishing a state infrastructure bank within the Department of Transportation to provide loans, credit enhancements, and other financial assistance to political subdivisions for transportation projects including highways, bridges, transit, rail, airports, and ports, with the State Highway Commission serving as administrator

  • Authorizes the program to issue revenue bonds with maturities up to 40 years, establish separate federal and state accounts, and charge application fees up to $1,000; loan terms cannot exceed 30 years or the useful life of the financed asset, and interest rates must comply with state law limitations

  • Expands Department of Transportation contractor prequalification exemptions to include turf maintenance, fence work, ditch cleaning, culvert repair, intelligent transportation devices, rest area maintenance, and routine road repairs

  • Modifies public-private partnership provisions under the Transportation Innovation Act to allow unsolicited proposals from private partners and requires the department to adopt rules for evaluating such proposals, with a $500 administrative fee for proposal review

  • Increases traffic accident reporting thresholds from $1,500 to $2,000 in property damage, raises minimum security deposit requirements under the Motor Vehicle Safety Responsibility Act from $1,500 to $2,000, doubles permit fees for oversize/overweight vehicles, and creates tiered superload permit fees ranging from $250 to $800 based on weight

Legislative Description

Adopt the Infrastructure Development Investment Program Act and change provisions relating to the construction and repair of roads, the Transportation Innovation Act, the Motor Vehicle Safety Responsibility Act, and the Nebraska Rules of the Road

Last Action

Meyer, G. AM2562 to AM2432 filed

3/10/2026

Committee Referrals

Transportation and Telecommunications1/22/2026

Full Bill Text

No bill text available