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NE LB1163
Bill
Status
1/20/2026
Primary Sponsor
John Fredrickson
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AI Summary
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Amends section 13-3206 of Nebraska's Property Assessed Clean Energy (PACE) Act to add provisions for third-party lender notification when annual assessments become delinquent on non-residential qualifying properties
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Requires municipalities to record PACE lien notices within 14 days after receiving notice from a third-party lender financing an energy project that an annual assessment has become delinquent
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Extends the same third-party lender notification requirements to single-family residential properties, allowing lenders to trigger the 14-day lien recording timeline
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Declares an emergency, making the act effective immediately upon passage and approval rather than following the standard effective date
Legislative Description
Change provisions relating to the Property Assessed Clean Energy Act
Last Action
Hallstrom name added
2/19/2026